To amend title XVIII of the Social Security Act to establish a full risk ACO program

Progress

Timeline

• Mar 26Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.

Summary

**Bill Summary: HR 8129** **What it does:** This bill would create a new "full risk" Accountable Care Organization (ACO) program within Medicare. ACOs are groups of healthcare providers (doctors, hospitals, etc.) that work together to coordinate patient care and are rewarded for keeping costs down while maintaining quality. **Who it affects:** - Medicare beneficiaries (seniors and people with disabilities) - Healthcare providers participating in Medicare ACOs - The Medicare program overall **What would change:** - ACOs in this new program would take on more financial risk - they'd save more money if they keep costs below targets, but also lose more money if costs exceed targets - This differs from current Medicare ACO programs that have more limited financial risk - The goal is to encourage stronger cost control and care coordination - Could potentially lead to lower Medicare spending and more coordinated healthcare for patients The bill is currently under review in congressional committee.

How This Affects You