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Save Medicare Act

Source: Congress.gov  ·  683 words in original text
This bill renames the Medicare Advantage program to the "Alternative Private Health Plan" program. The bill also creates a penalty for entities that use the word "Medicare" in the title of these alternative private health plans.
Private health insurance companies or entities that advertise health plans under part C of title XVIII of the Social Security Act (a federal law governing certain Medicare programs). The Secretary of Health and Human Services (the federal official who runs the department managing Medicare) is also affected, as they must manage the transition to the new name.
• A new program called the "Alternative Private Health Plan" program is established, which consists of the existing program currently called Medicare Advantage. (Sec. 2(a)) • Any reference to "Medicare+Choice," "Medicare Advantage," or "MA" in federal law shall now be treated as a reference to the "Alternative Private Health Plan" program. (Sec. 2(b)) • The Secretary of Health and Human Services must manage an orderly transition period where both old and new names can be used until all materials for plan years beginning on or after October 15, 2023 use only the new name. (Sec. 2(c)) • Any entity that advertises a plan by using the word "Medicare" in the plan title on or after the date this law is enacted must pay a civil money penalty of $100,000 for each use of "Medicare" in a plan title. (Sec. 3)
The program currently known as "Medicare Advantage" will be officially called the "Alternative Private Health Plan" program. Insurance companies must stop using "Medicare" in their plan titles or face $100,000 penalties per violation.
None defined in the bill text.
Not specified in bill text (regarding when the bill itself becomes law), but the transition to the new name must be fully completed for all materials for plan years beginning on or after October 15, 2023.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.