Medicare Advantage Supplemental Benefits Transparency Act
The source supplies the latest action, but no lifecycle stage.
Latest action (10 Jan 2024): Read twice and referred to the Committee on Finance.
What this bill does
S. 3573, the Medicare Advantage Supplemental Benefits Transparency Act, would amend the Social Security Act to require Medicare Advantage (MA) organizations to report detailed, enrollee-level data on supplemental benefits offered under their plans. Beginning with plan years starting on or after January 1, 2027, MA organizations would have to submit information to the Secretary of Health and Human Services on each supplemental benefit—by item, service, or category, and provider identifier where available—including eligibility rules, benefit categories, utilization, and payment amounts, such as total plan spending and out-of-pocket costs per enrollee. The Secretary would later make this data available, in identifiable form for approved research and evaluation purposes and in de-identified form to the public, while maintaining privacy safeguards. The bill also appropriates $15 million for fiscal year 2024 to implement these requirements and exempts the data collection from the Paperwork Reduction Act.
The bill primarily affects Medicare Advantage organizations, which would face new reporting obligations, and the Centers for Medicare & Medicaid Services, which would collect and publish the data. Researchers, policymakers, and members of the public seeking more information on how MA supplemental benefits are used and paid for would gain access to new data resources.
The bill was introduced in the Senate on January 10, 2024, by Senator Mark Warner, with Senator Marsha Blackburn as a cosponsor, and was referred to the Senate Committee on Finance. It has not received a vote and would need further committee and floor action in both chambers to become law.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
10 Jan 2024
Read twice and referred to the Committee on Finance.
Common questions
- What does S. 3573 do?
- S. 3573, the Medicare Advantage Supplemental Benefits Transparency Act, would amend the Social Security Act to require Medicare Advantage (MA) organizations to report detailed, enrollee-level data on supplemental benefits offered under their plans. Beginning with plan years starting on or after January 1, 2027, MA organizations would have to submit information to the Secretary of Health and Human Services on each supplemental benefit—by item, service, or category, and provider identifier where available—including eligibility rules, benefit categories, utilization, and payment amounts, such as total plan spending and out-of-pocket costs per enrollee. The Secretary would later make this data available, in identifiable form for approved research and evaluation purposes and in de-identified form to the public, while maintaining privacy safeguards. The bill also appropriates $15 million for fiscal year 2024 to implement these requirements and exempts the data collection from the Paperwork Reduction Act. The bill primarily affects Medicare Advantage organizations, which would face new reporting obligations, and the Centers for Medicare & Medicaid Services, which would collect and publish the data. Researchers, policymakers, and members of the public seeking more information on how MA supplemental benefits are used and paid for would gain access to new data resources. The bill was introduced in the Senate on January 10, 2024, by Senator Mark Warner, with Senator Marsha Blackburn as a cosponsor, and was referred to the Senate Committee on Finance. It has not received a vote and would need further committee and floor action in both chambers to become law.
- Has S. 3573 become law?
- The source does not supply a confirmed lifecycle stage for S. 3573. Check the latest action and official source below.
- Who sponsored S. 3573?
- S. 3573 was sponsored by Sen. Warner, Mark R. [D-VA] (D-VA), with 1 cosponsor.
- What's the latest action on S. 3573?
- Read twice and referred to the Committee on Finance. (10 Jan 2024).
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