This bill requires the Centers for Medicare & Medicaid Services to improve transparency in how Medicare reviews requests for coverage of new medical treatments and services. Specifically, when the agency receives a request to cover a new medication or procedure, it must determine within 30 days whether the request is complete and, if not, explain what additional information is needed. The agency must then publish all complete requests on a public website within two business days so the public can track the review process. The bill also clarifies that the time Medicare takes to review these requests includes the waiting period while the agency collects missing information, ensuring that the agency's decision timelines are more transparent and accountable. The legislation affects drug and device manufacturers, healthcare providers, and Medicare beneficiaries who want visibility into the coverage review process, but does not authorize any new federal spending.
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