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Thursday, November 14, 2013

Examining Reforms to Improve the Medicare Part B Drug Program for Seniors

Cliff Binder
Health Care Financing Analyst

Chairman Pitts, Ranking Member Pallone, and distinguished Subcommittee Members, I am Cliff Binder, Health Financing Analyst with the Congressional Research Service. I appreciate the opportunity to be here today to provide an overview on Medicare Part B prescription drugs – what they are and how Medicare reimburses providers for these products. I also will provide context by discussing recently introduced legislation and the potential effect of sequestration on Medicare Part B drug payments. Part B drug reimbursement is complex, I am presenting the major points that I hope will be most useful in facilitating today’s discussion.

Date of Report: June 28, 2013
Number of Pages: 9
Order Number: T-062813
Price: $19.95

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