Providers and Payers COMPETE Act
The source supplies the latest action, but no lifecycle stage.
Latest action (5 Dec 2024): Placed on the Union Calendar, Calendar No. 672.
What this bill does
The Providers and Payers COMPETE Act would require the Secretary of Health and Human Services to report annually to Congress on how Medicare regulations affect the consolidation of healthcare providers and payers. This consolidation can include mergers or other forms of integration among hospitals, doctors, insurance companies, and other healthcare entities. The bill also mandates that when the government proposes new rules that could significantly impact such consolidation, it must seek public comments on those potential effects.
Additionally, the bill requires the Center for Medicare and Medicaid Innovation to evaluate how its experimental healthcare models affect provider and payer consolidation. The annual reports would begin by December 31, 2026, covering regulations from the previous year, while the requirement to seek public comment on proposed rules begins in 2025.
This bill has been introduced in the House of Representatives and has been reported with amendments by two committees. It is currently committed to the Committee of the Whole House on the State of the Union, meaning it is awaiting further debate and potential votes on the House floor.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Providers and Payers COMPETE Act
This bill requires the Centers for Medicare & Medicaid Services (CMS) to report annually on the impact of Medicare regulatory changes on provider and payer consolidation (e.g., vertical or horizontal integration among providers, suppliers, and other health care entities). The CMS must also solicit public comment on the projected impact of a proposed rule with respect to provider and payer consolidation.
The bill also requires the Center for Medicare and Medicaid Innovation to evaluate the impact of tested models on provider and payer consolidation.
Timeline
5 Dec 2024
Placed on the Union Calendar, Calendar No. 672.
Common questions
- What does H.R. 3284 do?
- The Providers and Payers COMPETE Act would require the Secretary of Health and Human Services to report annually to Congress on how Medicare regulations affect the consolidation of healthcare providers and payers. This consolidation can include mergers or other forms of integration among hospitals, doctors, insurance companies, and other healthcare entities. The bill also mandates that when the government proposes new rules that could significantly impact such consolidation, it must seek public comments on those potential effects. Additionally, the bill requires the Center for Medicare and Medicaid Innovation to evaluate how its experimental healthcare models affect provider and payer consolidation. The annual reports would begin by December 31, 2026, covering regulations from the previous year, while the requirement to seek public comment on proposed rules begins in 2025. This bill has been introduced in the House of Representatives and has been reported with amendments by two committees. It is currently committed to the Committee of the Whole House on the State of the Union, meaning it is awaiting further debate and potential votes on the House floor.
- Has H.R. 3284 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 3284. Check the latest action and official source below.
- Who sponsored H.R. 3284?
- H.R. 3284 was sponsored by Rep. Burgess, Michael C. [R-TX-26] (R-TX), with 4 cosponsors.
- What's the latest action on H.R. 3284?
- Placed on the Union Calendar, Calendar No. 672. (5 Dec 2024).
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