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H.R. 2580, LTCH Technical Correction Act of 2015 1 (June 15, 2015)

handle is hein.congrec/cbo2340 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 15, 2015 H.R. 2580 LTCH Technical Correction Act of 2015 As ordered reported by the House Committee on Ways and Means on June 2, 2015 SUMMARY H.R. 2580 would lift a moratorium in current law that prohibits existing long-term care hospitals (LTCHs) from increasing the number of beds in their facilities. The bill would also reduce the total amount of payments made to LTCHs by modifying the current payment system for patients with very high costs. Over the 2016-2025 period, CBO estimates that lifting the moratorium would increase Medicare spending by $47 million and that modifying the payment system for high-cost outliers in LTCHs would reduce Medicare spending by $48 million; the net reduction in direct spending would total $1 million. H.R. 2580 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 2580 is shown in the following table. The costs of this legislation fall within budget function 570 (Medicare). a

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