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Streamlining Medicare Payments for Lab Tests and Reducing Red Tape

This act aims to improve how Medicare pays for common laboratory tests by introducing statistical sampling instead of collecting data from all labs. This will reduce administrative burdens for laboratories and may affect the stability of test prices, indirectly impacting healthcare access and costs for citizens using Medicare.
Key points
Changes in data collection: Medicare will use statistical sampling for widely available lab tests, aiming to reduce bureaucracy for laboratories.
Delayed and changed reporting frequency: Data reporting deadlines for laboratories will be postponed, and the reporting frequency will change from every three years to every four years.
New payment change limits: Annual caps on Medicare payment reductions and increases for lab tests are introduced to ensure greater price stability.
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Additional Information
Print number: 118_HR_1835
Sponsor: Rep. Hudson, Richard [R-NC-9]
Process start date: 2023-03-28