Bill 119 HR 497, also known as the Medicaid Third Party Liability Act, aims to amend title XIX of the Social Security Act to provide clarity on the responsibility of third party payers for medical assistance paid under the Medicaid program. The bill seeks to ensure that third party payers, such as insurance companies or other entities, are held accountable for covering medical costs that should rightfully be paid by Medicaid.
The main purpose of this bill is to prevent third party payers from shifting the financial burden of medical expenses onto the Medicaid program, which is funded by taxpayers. By clarifying the liability of third party payers, the bill aims to protect the integrity of the Medicaid program and ensure that it can continue to provide essential healthcare services to low-income individuals and families.
Overall, Bill 119 HR 497 seeks to strengthen the Medicaid program by holding third party payers accountable for their share of medical costs, ultimately benefiting both Medicaid recipients and taxpayers.