The COVID-19 Hospital and Health Provider Loan Conversion Act of 2021
- Last Action
- 3/1/2021
Actions
- 2021-03-01Sponsor introductory remarks on measure. (CR H873)
- 2021-02-26Referred to the Subcommittee on Health.
- 2021-02-25Referred to the Subcommittee on Social Security.
- 2021-02-25Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-02-25Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-02-25Sponsor introductory remarks on measure. (CR E168)
- 2021-02-25Introduced in House
- 2021-02-25Introduced in House
CRS Summary
As of 2021-02-25 (00)
The COVID-19 Hospital and Health Provider Loan Conversion Act of 2021
This bill establishes and otherwise modifies requirements for the Medicare Accelerated and Advance Payment Program during the public health emergency relating to COVID-19 (i.e., coronavirus disease 2019). The program provides Medicare payments in advance to eligible providers experiencing claims or cash flow disruptions, such as during national emergencies; the program was specifically expanded in response to COVID-19 to encompass more types of providers, subject to certain recoupment and repayment provisions.
The bill requires the Centers for Medicare & Medicaid Services to waive recoupment and repayment for providers who meet specified requirements. Among other criteria, providers must not have engaged in surprise billing practices with respect to COVID-19 patients. Providers must still repay any amounts not used for COVID-19 expenses; the bill caps the interest rate on such repayments at 2% upon a demonstration of hardship.
The bill also requires private health insurers to treat out-of-network COVID-19 services as in-network for purposes of payment and cost-sharing.
Cosponsors (19)
- Bob Gibbs (R-OH)
- Brian Fitzpatrick (R-PA)
- Jack Bergman (R-MI)
- Joyce Beatty (D-OH)
- Anthony Gonzalez (R-OH)
- Jefferson Van Drew (R-NJ)
- John Katko (R-NY)
- Joseph Morelle (D-NY)
- Jahana Hayes (D-CT)
- Steve Stivers (R-OH)
- Colin Allred (D-TX)
- TIM RYAN (D-OH)
- Troy Balderson (R-OH)
- Guy Reschenthaler (R-PA)
- David McKinley (R-WV)
- Ed Case (D-HI)
- Michael Turner (R-OH)
- Mary Scanlon (D-PA)
- Chellie Pingree (D-ME)
Subjects
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Employee benefits and pensions
- Government lending and loan guarantees
- Government trust funds
- Health care costs and insurance
- Health care coverage and access
- Health facilities and institutions
- Health programs administration and funding
- Hospital care
- Infectious and parasitic diseases
- Medicare
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.