About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

H.R. 1063, Strengthening Medicare and Repaying Taxpayers Act of 2011 1 (November 9, 2012)

handle is hein.congrec/cbo10923 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE November 9, 2012 H.R. 1063 Strengthening Medicare and Repaying Taxpayers Act of 2011 As ordered reported by the House Committee on Energy and Commerce on September 20, 2012 SUMMARY H.R. 1063 would modify the process through which the Medicare program is reimbursed when another payer (for example, a liability insurer) is responsible for a beneficiary's medical costs. In general, the provisions of H.R. 1063 would make it easier for other payers to repay Medicare, thus reducing program costs. CBO estimates that enacting H.R. 1063 would reduce Medicare spending by $45 million over the 2013-2022 period. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending. The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of H.R. 1063 is shown in the following table. The costs of this legislation fall within budget function 570 (Medicare). By Fiscal Year, in Millions of Dollars 2013- 2013- 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2017 2022 a CHANGES IN DIRECT SPENDING Estimated Budget Authority -2 -4 -4 -4 -4 -5 -5 -5 -6 -6 -18 -45 Estimated Outlays -2 -4 -4 -4 -4 -5 -5 -5 -6 -6 -18 -45

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most