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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on May 26, 2016.
Ensuring Patient Access to Critical Breakthrough Products Act of 2016
This bill amends titles XVIII (Medicare) and XIX (Medicaid) of the Social Security Act to modify provisions related to coverage and payment for certain breakthrough medical devices under the Medicare and Medicaid programs. Specifically, with respect to such devices, the bill: (1) provides for transitional coverage; (2) establishes accelerated processes for determining regular coverage and payment; and (3) modifies provisions related to specified payment adjustments, cost thresholds, and classification.