To amend title XVIII of the Social Security Act with respect to the work geographic index for physician payments under the Medicare program, and to revise the phase-in of clinical laboratory test payment changes under such program.

Bill 118 hr 6366 aims to make changes to the Medicare program under the Social Security Act. Specifically, the bill focuses on two main areas: the work geographic index for physician payments and the phase-in of clinical laboratory test payment changes.

The work geographic index for physician payments is a key component of how Medicare reimburses healthcare providers. This index takes into account the cost of living and practicing medicine in different regions of the country. The bill seeks to amend this index to ensure that physicians are fairly compensated based on the location of their practice.

In addition, the bill also addresses the phase-in of changes to payment for clinical laboratory tests under the Medicare program. These changes are intended to update payment rates for these tests to better reflect the cost of providing them. The bill aims to revise the timeline for implementing these payment changes to ensure a smooth transition for healthcare providers. Overall, Bill 118 hr 6366 is focused on improving the Medicare program by making adjustments to physician payments based on geographic location and updating payment rates for clinical laboratory tests. These changes are intended to ensure that healthcare providers are fairly compensated and that Medicare beneficiaries continue to have access to high-quality care.