Medicare Beneficiary Access to Home Care Act of 1998

[AI summary unavailable — showing source text] Medicare Beneficiary Access to Home Care Act of 1998 - Amends title XVIII (Medicare) of the Social Security Act (SSA), as amended by the Balanced Budget Act of 1997 (BBA '97), with respect to the computation formula of the interim system of limited payments for services provided by home health agencies. Repeals the current interim system, retroactive to the enactment of BBA '97. Mandates a new interim system of limits for cost reporting periods beginning on or after October 1, 1998, with a revised formula that includes: (1) retroactive restoration of the per visit cost limit to 112 percent of the mean of costs; (2) an agency-specific, annual per beneficiary limitation equal to the sum of certain base and outlier amounts, based generally on the standardized average cost per unduplicated patient in FY 1994; and (3) application of a wage index based on the locality of the agency. Amends BBA '97 to revise the mandatory reduction in cost and per beneficiary limits in the event that the Secretary of Health and Human Services does not establish the prospective payment system (PPS) for home health services. Replaces the current 15 percent reduction in such limits with a percentage reductio…