HR 6583 · 116th Congress · Health
To amend title XVIII of the Social Security Act to establish a risk corridor program for Medicare Advantage plans during the COVID-19 emergency, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.(2020-04-21)
Plain Language Summary
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This bill requires the Centers for Medicare & Medicaid Services to establish a risk corridor program for Medicare Advantage (MA) plans during the public health emergency declared on January 31, 2020, relating to COVID-19 (i.e., coronavirus disease 2019), in which MA payments are based on the ratio of the plan's allowable costs to its aggregate premiums.…
Summarized by Claude AI · Non-partisan · For informational purposes only