While the big story of the week is the GOP's failure to pass its Obamacare repeal bill, the Senate did have some success in other areas. On Tuesday, the Senate passed a bipartisan bill intended to improve Medicare and make it more efficient.
The Creating High-Quality Results and Outcomes Necessary to Improve Chronic (CHRONIC) Care Act amends how Medicare pays for various chronic conditions, in effect lowering the costs.
"This legislation will improve disease management, lower Medicare costs and streamline care coordination services — all without adding to the deficit," Senate Finance Committee Chairman Orrin Hatch (R-Utah) said in a statement.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
