The COVID-19 Hospital and Health Provider Loan Conversion Act of 2021
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Feb 25, 2021)
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.
What just happenedMar 1, 2021
Sponsor introductory remarks on measure. (CR H873)
Who’s behind it
- Introduced in HouseFeb 25, 2021
- Mar 1, 2021IntroReferralB00100
Sponsor introductory remarks on measure. (CR H873)
- Feb 26, 2021Committee
Referred to the Subcommittee on Health.
Health Subcommittee - Feb 25, 2021Committee
Referred to the Subcommittee on Social Security.
Social Security Subcommittee - Feb 25, 2021IntroReferralH11100
Referred 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.
Ways and Means Committee - Feb 25, 2021IntroReferralH11100
Referred 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.
Energy and Commerce Committee - Feb 25, 2021IntroReferralB00100
Sponsor introductory remarks on measure. (CR E168)
- Feb 25, 2021IntroReferralIntro-H
Introduced in House
- Feb 25, 2021IntroReferral1000
Introduced in House