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cost estimate
November 9, 2012
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As ordered reported by the House Committee on Energy and Commerce on September 20, 2012
H.R. 1063 would modify the process through which the Medicare program is reimbursed when another payer (for example, a liability insurer) is responsible for a beneficiary’s medical costs. In general, the provisions of H.R. 1063 would make it easier for other payers to repay Medicare, thus reducing program costs.
CBO estimates that enacting H.R. 1063 would reduce Medicare spending by $45 million over the 2013-2022 period. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending.
The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA).