The Medicare Payment Advisory Commission (MedPAC) stands as a bipartisan, autonomous entity associated with the legislative branch, tasked with delivering expert analysis and strategic guidance on the Medicare scheme to the United States Congress.
Established by Congress in 1997, the Medicare Payment Advisory Commission (MedPAC) operates as a sovereign legislative body designed to offer counsel on matters related to Medicare. Furthermore, MedPAC provides suggestions regarding the customary fee-for-service structure in Medicare and the remuneration for private health care plans that are part of Medicare.
During open sessions, MedPAC engages in crafting policy proposals for Congressional consideration and explores various policy matters. These deliberations take into account staff research outcomes and feedback from parties with vested interests.
MedPAC’s commitment to an inclusive approach is evident in its regular dialogues with stakeholders in Medicare, including staff from legislative committees and the Centers for Medicare & Medicaid Services (CMS), as well as with medical researchers, service providers, and advocates for beneficiaries.
Twice annually, in March and June, MedPAC releases pivotal reports that serve as the main medium for relaying its policy recommendations.