News
May 17, 2024
Senate Finance Committee Seeks Input on Hybrid Primary Care Reimbursement Legislation
Last month, the Senate Finance Committee held a hearing on “Bolstering Chronic Care through Medicare Physician Payment”. During the hearing, Senator Sheldon Whitehouse (D-RI) announced he was drafting legislation with Senator Bill Cassidy (R-LA) to create a Medicare hybrid reimbursement system for primary care services. On May 15th, the Senators concurrently introduced the Pay PCPs Act (S. 4338) and a Request for Information (RFI) soliciting feedback on the proposal. The legislation proposes to “give primary care providers in Medicare steady, upfront, and value-based payments for under-reimbursed activities, while maintaining some traditional FFS payments for certain services.” Additionally, the Act would lower Medicare beneficiary out-of-pocket costs for certain primary care services. Comments are due by July 15th.