April 19—A bipartisan group recommends changes to Medicare policy and a limit on the income-tax exclusion for employer-sponsored health benefits in a report aimed at containing healthcare costs and improving quality of care.

The report was issued by the not-for-profit Bipartisan Policy Center (BPC) Health Care Cost Containment Initiative, led by former Senate majority leaders Tom Daschle and Bill Frist, former Senate Budget Committee chairman Peter Domenici, and former Congressional Budget Office director Alice Rivlin.

One proposed option would provide participating beneficiaries and providers shared savings from higher quality, more cost-effective care in what the report calls an “improved version” of accountable care organizations. The report also calls for replacing the sustainable growth rate formula for physician reimbursement and would offer all Medicare providers strong financial incentives to participate in new payment models.

Publication Date: Friday, April 19, 2013