Value-Based Insurance Design Seniors Copayment Reduction Act of 2015

Summary

Value Based Insurance Design Seniors Copayment Reduction Act of 2015 Directs the Department of Health and Human Services (HHS) to establish a demonstration program to test Value-Based Insurance Design methodologies in Medicare Advantage plans under part C (Medicare+Choice) of title XVIII (Medicare) of the Social Security Act for beneficiaries with chronic clinical conditions. Defines "value-based insurance design methodology" as one for identifying specific prescription medications and clinical services for which copayments or coinsurance should be reduced or eliminated due to the high-value and effectiveness of such medications and services for specific clinical conditions. Directs HHS to expand the demonstration program, except in certain circumstances, by issuing regulations to implement, on a permanent basis, those components that are beneficial to Medicare beneficiaries and the Medicare program.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 20 May 2015

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 20 May 2015

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• Introduced in Senate

  summary · EN · 20 May 2015

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