On the recordApril 14, 2015
I rise to talk about a provision in this legislation intended to move the health care payment system toward better outcomes and efficiency. Physicians in my State and others are innovating by partnering with high-performing Medicare Advantage plans. This model can grant the health care provider significant accountability and ownership of a patient's health, with the result of achieving impressive health outcomes, reducing overlap and duplication, and saving money for everyone involved. I was successful in including a provision in the bill requiring the Secretary of Health and Human Services to study integrating alternative payment models in the Medicare Advantage payment system. This study will also assess feasibility of including a value-based modifier. I look forward to working with my Finance Committee colleagues in the future to promote the innovation and efficiency taking place in Medicare Advantage. I ask that the distinguished ranking member of the Finance Committee work with me in the future toward these goals.
