On the recordJune 17, 2015
One of the things I always strive for in my personal and professional life is always trying to do things better. As I tell my staff, there is no such thing as standing still. If you are not moving forward, then you are moving backward. We can all continue to get better at what we do. That is the goal of H.R. 2507, the Increasing Regulatory Fairness Act of 2015. As part of an annual rulemaking process, the Centers for Medicare and Medicaid Services update payments to the Medicare Advantage program. With the current structure of this annual process, health insurers are given little time to submit comments to the new payment rates or even determine whether the payment adjustment is beneficial to Medicare Advantage enrollees. With H.R. 2507, health insurers will have additional time to analyze whether the payment adjustments for Medicare Advantage plans are justified and overall beneficial. I believe we must always try to get better every day. This includes our work as civil servants. H.R. 2507 will provide a better environment for CMS and health insurers to create the best payment rate agreement regarding Medicare Advantage plans. By providing more time for comments and the finalizing of rates, Medicare Advantage enrollees will receive a better calculated benefit for their plans. I urge my colleagues to support this bill.
