[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2760 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 2760

    To amend title XVIII of the Social Security Act to require the 
   preparation of audit reports based upon the financial auditing of 
Medicare Advantage organizations and to make such reports available to 
                              the public.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              June 7, 2005

 Mr. Andrews introduced the following bill; which was referred to the 
 Committee on Energy and Commerce, and in addition to the Committee on 
   Ways and Means, for a period to be subsequently determined by the 
  Speaker, in each case for consideration of such provisions as fall 
           within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
    To amend title XVIII of the Social Security Act to require the 
   preparation of audit reports based upon the financial auditing of 
Medicare Advantage organizations and to make such reports available to 
                              the public.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Medicare Advantage Audit Reports 
Act''.

SEC. 2. PREPARATION AND AVAILABILITY OF AUDIT REPORTS.

    (a) In General.--Section 1857(d)(1) of the Social Security Act (42 
U.S.C. 1395w-27(d)(1)) is amended--
            (1) by striking ``The Secretary'' and inserting the 
        following:
                    ``(A) In general.--The Secretary''; and
            (2) by adding at the end the following new subparagraph:
                    ``(B) Audit reports.--Upon completion of each audit 
                under subparagraph (A), the Secretary shall prepare and 
                make available an audit report stating the analysis and 
                conclusions of the Secretary regarding such audit. Each 
                audit report shall include a detailed summary of the 
                financial information upon which the analysis and 
                conclusions of the Secretary are based, including the 
                data referred to in subparagraph (A). Section 552(b)(4) 
                of title 5, United States Code, shall not apply to any 
                audit report prepared under this subparagraph.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to any audit completed after the date of the enactment of this 
Act.
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