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What is the Prompt and Fair Pay Act - MedCity News
The Prompt and Fair Pay Act (H.R. 4559) was introduced to Congress last week. This bipartisan legislation addresses concerns regarding the reimbursement practices of Medicare Advantage (MA) plans, which have been criticized for underpaying and delaying payments to healthcare providers. The bill would set a payment standard no less than what the provider would receive if they were treating a traditional Medicare beneficiary. Katie Adams, writing for MedCity News, explains how the bill seeks to establish parity between Medicare Advantage Health plans and Traditional Medicare Payments. Read Ms. Adams’ article here…
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