Save Medicare Act
12/21/2024, 9:05 AMSummary of Bill HR 732
The Save Medicare Act, also known as Bill 118 hr 732, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to protect and preserve the Medicare program, which provides health insurance to millions of Americans, particularly those who are elderly or disabled.The Save Medicare Act includes several key provisions aimed at ensuring the long-term sustainability of the Medicare program. One of the main provisions of the bill is to increase funding for Medicare, in order to prevent cuts to benefits or services for beneficiaries. This funding increase would be achieved through a combination of measures, including raising taxes on high-income individuals and corporations.
Additionally, the Save Medicare Act includes provisions to improve the quality of care provided to Medicare beneficiaries. This includes measures to reduce fraud and abuse within the Medicare program, as well as initiatives to promote preventive care and wellness among beneficiaries. Overall, the Save Medicare Act is a comprehensive piece of legislation that seeks to strengthen and protect the Medicare program for current and future generations of Americans. It is currently being debated in Congress, with supporters arguing that it is necessary to ensure the long-term viability of Medicare, while opponents raise concerns about the potential impact of tax increases on the economy.
Congressional Summary of HR 732
Save Medicare Act
This bill renames Medicare Advantage (MA) as the Alternative Private Health Plan program. It also establishes civil penalties for entities that continue to advertise MA plans with Medicare in the title.
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Current Status of Bill HR 732
Bill HR 732 is currently in the status of Bill Introduced since February 1, 2023. Bill HR 732 was introduced during Congress 118 and was introduced to the House on February 1, 2023. Bill HR 732's most recent activity was Referred to the Subcommittee on Health. as of December 17, 2024Bipartisan Support of Bill HR 732
Total Number of Sponsors
2Democrat Sponsors
2Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
46Democrat Cosponsors
46Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 732
Primary Policy Focus
HealthAlternate Title(s) of Bill HR 732
Save Medicare ActSave Medicare ActTo rename the program under part C of title XVIII of the Social Security Act, and for other purposes.Comments
Most relevant
Sponsors and Cosponsors of HR 732
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