Bill > S1460

This bill aims to extend incentive payments for healthcare providers who participate in Alternative Payment Models (APMs) under Medicare, which are innovative payment approaches designed to promote high-quality, cost-effective care. Specifically, the bill modifies existing Medicare regulations to extend the timeline for these incentive payments. For the year 2027, the bill increases the incentive payment percentage to 3.53% (up from the previous 1.88%), which provides additional financial encouragement for healthcare providers to adopt these alternative payment approaches. The bill also updates references to various years in the existing law, changing references from 2026 to 2027 and from 2027 to 2028 in different sections of the Social Security Act. These technical amendments ensure that the incentive payment program continues smoothly and providers have continued support for participating in APMs, which are designed to improve healthcare quality and potentially reduce overall healthcare costs by creating financial incentives for more efficient and effective patient care.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1460/all-info