Policy Impact Analysis - 117/S/4449

Bill Overview

Title: Saving Access to Laboratory Services Act

Description: This bill modifies provisions relating to Medicare payment rates for clinical diagnostic laboratory services, including by requiring payment rates for certain widely available clinical diagnostic laboratory tests to be based on a statistical sampling of private sector rates.

Sponsors: Sen. Burr, Richard [R-NC]

Target Audience

Population: Medicare beneficiaries who rely on clinical diagnostic laboratory services

Estimated Size: 65000000

Reasoning

Simulated Interviews

Retired teacher (Florida)

Age: 75 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • I hope this policy will help lower my lab test costs.
  • With my fixed income, it's so important to manage expenses.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 8 5
Year 5 8 5
Year 10 9 4
Year 20 9 4

Retired engineer (Texas)

Age: 68 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 8/20

Statement of Opinion:

  • If rates are based on the private sector, hopefully, it means more transparency and potentially lower costs.
  • These tests are critical for me to keep track of my condition.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 7 6
Year 5 7 5
Year 10 8 5
Year 20 8 5

Retired nurse (California)

Age: 82 | Gender: female

Wellbeing Before Policy: 9

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • It might not affect me directly unless my health changes.
  • I think it's good for those who need lots of lab work.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 9 7
Year 20 9 7

Disabled, retired early (New York)

Age: 61 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • Affordable lab work is critical to my care.
  • I hope this policy can alleviate some of the financial burden.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 4
Year 3 7 4
Year 5 8 4
Year 10 8 3
Year 20 8 3

Retired construction worker (Ohio)

Age: 70 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • I think it can make lab work more affordable, which is important for managing my blood pressure.
  • It'd be great not to worry so much about costs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 6 5
Year 20 6 4

Part-time consultant (Pennsylvania)

Age: 65 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 9/20

Statement of Opinion:

  • I think it will give me peace of mind knowing costs are standardized.
  • I haven't had any major lab tests yet, but it's good to know I'm covered.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 9 7
Year 20 9 7

Retired farmer (Illinois)

Age: 77 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 5/20

Statement of Opinion:

  • Regular testing is expensive, and every bit of savings helps.
  • I hope this policy will reduce the costs substantially.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 4
Year 10 7 4
Year 20 7 3

Retired (Arizona)

Age: 80 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • We share lab expenses, so any reduction is a big relief.
  • Standardizing payments is a good move for predictability.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 6
Year 5 8 6
Year 10 8 5
Year 20 8 5

Semi-retired accountant (Oregon)

Age: 66 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • I think this is a positive step, although I'm still learning about Medicare.
  • Costs are always a concern, even if I'm not using the services frequently right now.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 7 5
Year 20 7 5

Retired librarian (New Jersey)

Age: 71 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • I rely on these tests to keep my heart in check economically.
  • I suspect this policy could make a real difference.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 8 5
Year 5 8 5
Year 10 8 4
Year 20 8 4

Cost Estimates

Year 1: $50000000 (Low: $30000000, High: $70000000)

Year 2: $50000000 (Low: $30000000, High: $70000000)

Year 3: $50000000 (Low: $30000000, High: $70000000)

Year 5: $50000000 (Low: $30000000, High: $70000000)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations