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H.R. 2581, Preservation of Access for Seniors in Medicare Advantage Act of 2015 1 (June 15, 2015)

handle is hein.congrec/cbo2341 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 15, 2015 H.R. 2581 Preservation of Access for Seniors in Medicare Advantage Act of 2015 As ordered reported by the House Committee on Ways and Means on June 2, 2015 SUMMARY H.R. 2581 would establish a demonstration program in the Medicare Advantage (MA) program, modify the open enrollment period for that program, and change payment rates for prescription drugs that are administered through items of durable medical equipment (DME). CBO estimates that enacting H.R. 2581 would decrease direct spending relative to current law by $225 million over the 2016-2025 period. Pay-as-you-go procedures apply because the bill would affect direct spending. Enacting the bill would not affect revenues. H.R. 2581 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 effect of H.R. 2581 is shown in the following table. The costs of this legislation fall within budget function 570 (Medicare). a

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