Keyword: Independent Payment Advisory Board (IPAB)
An unpopular provision under the ACA that would allow an independent board to cut Medicare may end before the panel is ever established.
The House Ways and Means Committee has approved a bipartisan bill to repeal the Independent Payment Advisory Board to prevent the unelected advisory committee from slashing Medicare.
Rep. Anna Eshoo, D-Calif., doesn’t think her colleagues in the House of Representatives should rush to end IPAB, a panel she likened to the Base Realignment and Closure Commission.
Mary R. Grealy, president of the Healthcare Leadership Council, appeared before a House subcommittee to urge lawmakers to pass a joint resolution by Aug. 15 to eliminate the Independent Payment Advisory Board.
Medicare’s hospital insurance trust fund is now projected to run out in 2029, one year later than last year’s projection.
The Independent Payment Advisory Board has been unpopular almost from the moment it was included in the Affordable Care Act. But now a coalition of 700 healthcare groups is on a mission to get Congress to get rid of it before it’s too late.
Congressional Democrats are gearing up to fight House Republicans’ plans to remake Medicare—and they may have help from across the aisle.