|[December 12, 2013]
Congressional Budget Office Warns Congress of $2 Billion Impact of Extending RAC Program Moratorium
WASHINGTON --(Business Wire)--
American Coalition for Healthcare Claims Integrity (ACHCI) today
issued the following statement regarding the decision by House lawmakers
to refrain from extending the moratorium on the Recovery Audit
Contractor (RAC) program, which the Congressional Budget Office
estimated would cost over $2 billion. Based on the CBO's feedback,
lawmakers removed a proposal from the Sustainable Growth Rate patch
amendment of th budget deal that would halt RAC reviews through October
2014. RACs will resume reviews of all claims April 1, 2014.
"We commend the Congressional Budget Office and members of Congress
for recognizing the value of the Recovery Audit Contractor Program.
Recovery Auditors return more than $1 billion in misused Medicare funds
to our healthcare system every quarter. In addition, the RAC program has
the highest return on investment of any integrity effort in the Medicare
program. The decision by lawmakers to protect the RAC program from
further changes will help reduce errors, healthcare waste, and return
critical resources to the Medicare Trust Fund," said coalition
spokesperson Kristin Walter.
"Improving the integrity of our healthcare system is essential to
managing the national budget. Our coalition welcomes the opportunity to
provide feedback, advice or consultation to program administrators or
legislators about how to enhance program efficiency and effectiveness,
and to better serve providers and beneficiaries."
For more information, please visit: www.properpayments.com.
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