The Increasing Regulatory Fairness Act would extend the time between the draft notice and final notice for the Centers for Medicare and Medicaid Services publication on payment rates and changes. Currently there is a 45 day period in which Congress may review the draft and a 15 day period to comment on proposed changes. The bill would extend these times to from 45 to 60 and from 15 to 30. Rep. Mike Thompson (D-CA5) spoke on behalf of the bill. It was passed by voice vote in the House.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jun 17, 2015.
Increasing Regulatory Fairness Act of 2015
(Sec. 2) This bill amends part C (Medicare+Choice) of title XVIII (Medicare) of the Social Security Act to direct the Department of Health and Human Services, by regulation and in accordance with certain notice and public comment requirements, to determine and announce annually for 2017 and each subsequent year:
the annual MedicareAdvantage (MA) capitation rate for each MA payment area for the year concerned, the risk and other factors to be used in adjusting such rates for monthly payments in such year, the MA region-specific non-drug monthly benchmark amount for each MA region and each MA regional plan for which a bid was submitted, and the major policy changes to the risk adjustment model and the 5-star rating system that are determined to have an economic impact.