S. 4050 — Introduced in Senate

II 117th CONGRESS 2d Session S. 4050 IN THE SENATE OF THE UNITED STATES April 7, 2022Mr. Daines (for himself, Mr. King, Ms. Smith, and Mr. Scott of South Carolina) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XVIII of the Social Security Act to eliminate a provision under the Medicare Advantage program that inadvertently penalizes Medicare Advantage plans for providing high quality care to Medicare beneficiaries. 1. Short title This Act may be cited as the Medicare Advantage Quality Payment Relief Act of 2022. 2. Relief from quality bonus penalty in calculation of the Medicare Advantage blended benchmark cap (a) In general Section 1853(n)(4) of the Social Security Act (42 U.S.C. 1395w–23(n)(4)) is amended by striking determined taking into account and inserting determined without regard to. (b) Effective date The amendment made by subsection (a) shall apply to plan years beginning on or after January 1, 2023.