Second House Committee Passes IPAB Repeal; CBO Says Repeal Would Cost $3.1B

The House Ways and Means Committee agreed in a voice vote to repeal the Independent Payment Advisory Board, the second House committee to do so this week, according to a report from The Hill.

On Tuesday, the House Energy and Commerce Committee approved the measure to abolish the IPAB.

House Republicans have the ramped up the campaign to repeal the IPAB — the 15-member panel that would find savings in the Medicare program under the Patient Protection and Affordable Care Act — in an effort to increase scrutiny over the PPACA as the Supreme Court reviews the law later this month, according to the report.

A recent report from the Congressional Budget Office (pdf) shows that repealing the IPAB would not have any budgetary impact in 2012, but it would increase direct spending to the national deficit by $3.1 billion between 2013 and 2022. The CBO's estimate represented the expected value of a broad range of IPAB spending reductions over that period.

More Articles on the IPAB:

House Energy and Commerce Committee OKs Repeal of IPAB

Sen. Mitch McConnell to Pursue PPACA Repeal After Calls for His Resignation

House Subcommittee Passes Bill Repealing IPAB

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars