Bill 118 HR 8702, also known as the Improving Seniors' Timely Access to Care Act of 2024, aims to address issues related to seniors' access to healthcare services. The bill focuses on reducing delays in care for Medicare beneficiaries by implementing new regulations for Medicare Advantage plans and Medicare Part D prescription drug plans.
One key provision of the bill is the establishment of a maximum allowable time frame for Medicare Advantage plans to make coverage determinations for healthcare services. This is intended to ensure that seniors receive timely access to necessary medical treatments without unnecessary delays.
Additionally, the bill includes measures to improve transparency and accountability in Medicare Advantage plans and Medicare Part D prescription drug plans. This includes requirements for plans to provide clear and easily understandable information to beneficiaries about their coverage and costs, as well as provisions for monitoring and reporting on plan performance.
Overall, the Improving Seniors' Timely Access to Care Act of 2024 seeks to enhance the quality of care for Medicare beneficiaries by addressing issues related to access and transparency in Medicare Advantage and Part D plans. The bill aims to ensure that seniors receive timely and appropriate healthcare services, ultimately improving their overall health outcomes.