Filed Under:Markets, Employee Benefits

House Eyes Medicare Fee-Setter Insulation

(AP Photo/Jacquelyn Martin)
(AP Photo/Jacquelyn Martin)

A new Medicare cost-cutting entity, the Independent Payment Advisory Board (IPAB), is facing strong, bipartisan opposition in the House.

Members of the House Energy and Commerce Committee voted Monday to approve an IPAB killer bill -- H.R. 452, the Medicare Decisions Accountability Act bill -- by a voice vote, without any recorded opposition.

Because the IPAB provision includes exemptions for hospitals, hospices and other institutional providers, IPAB effectively has the authority only to change the rates Medicare pays to doctors and other individuals who provide care, Neas said.

Although IPAB has the direct ability to affect only the rates that Medicare pays, IPAB could have an indirect on private payers, because private insurers often base their provider reimbursement rates at least partly on Medicare rates.

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Nichole Morford

Nichole Morford
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