On the recordDecember 9, 2020
yesterday, the Provide Accurate Information Directly, PAID Act took a pivotal step closer to becoming law. Once enacted, this vital legislation, which I had the privilege of coauthoring with Senator Cardin, will save tens of millions of taxpayer dollars through targeted and commonsense updates to the Medicare secondary payer, MSP, statute, which Congress first codified four decades ago. The PAID Act aims to ensure that the Centers for Medicare & Medicaid Services, CMS, in coordinating claims related to Medicare Advantage MA, or Medicare Part D plans, can provide the information needed for settling parties to resolve claims-fairly and efficiently. In short, this bill is a boon for seniors, Main Street job creators, and the American taxpayer. As this bill approaches the legislative finish line, I would like to thank Chairman Grassley for his invaluable support in working with my office, as well as with our Democratic counterparts and with CMS, to bolster, refine, and identify legislative avenues for our proposal. I would also like to thank Senator Cardin for his partnership in co- leading this legislation, along with Representatives Kind and Bilirakis, who introduced a companion bill in the House, which passed by voice vote yesterday. Together, I feel confident that we can see the PAID Act signed into law by the end of the year.…





