Real-Time Benefit Tool Implementation Act

7/9/2024, 9:56 PM

Real-Time Benefit Tool Implementation Act

This bill sets a deadline by which Medicare prescription drug plan (PDP) sponsors must implement an electronic, real-time benefit tool. 

Specifically, the bill requires PDP sponsors to implement at least one real-time benefit tool by January 1, 2027.

Congress
118
Number
HR - 7512
Introduced on
2024-03-01
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/1/2024
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Real-Time Benefit Tool Implementation Act

This bill sets a deadline by which Medicare prescription drug plan (PDP) sponsors must implement an electronic, real-time benefit tool. 

Specifically, the bill requires PDP sponsors to implement at least one real-time benefit tool by January 1, 2027.

Alternative Names
Official Title as IntroducedTo amend title XVIII of the Social Security Act to ensure implementation of real-time benefit tools under part D of the Medicare program.
Policy Areas
Health
Potential Impact
Computers and information technology•
Health information and medical records•
Medicare•
Prescription drugs

Comments

Recent Activity

Latest Summary7/9/2024

Real-Time Benefit Tool Implementation Act

This bill sets a deadline by which Medicare prescription drug plan (PDP) sponsors must implement an electronic, real-time benefit tool. 

Specifically, the bill requir...

Latest Action6/11/2024
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-549, Part I.