Grassley On Encouraging Bundled Payments in Medicaid
Aug 01, 2019
Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa
On Encouraging Bundled Payments in Medicaid
Thursday, August 1, 2019
Unlike Medicare and private insurance, Medicaid doesn’t incentivize bundle payments. This prevents states from testing a method that could potentially save money.
The bipartisan prescription drug pricing reform legislation I introduced with Senator Wyden allows states to collect rebates from drugs in outpatient settings.
This removes an existing exemption in statute for some outpatient drugs and allows states to more completely utilize and test bundled payments.
Giving states flexibility allows them to focus on the best care for different populations. Encouraging bundled payments in Medicaid would do just that.