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S. 704, Community Based Independence for Seniors Act (CBO Report for Congress)

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Congress 114th
Date Requested June 24, 2015
Requested By Senate Committee on Finance
Date Sent July 10, 2015
Description:

S. 704 would establish a demonstration program in the Medicare Advantage (MA) program to test the effectiveness of granting MA plans flexibility to use part of their existing payments to provide for certain long-term care services and supports. The legislation would appropriate $3.5 million for the demonstration program and its evaluation.

CBO estimates that enacting S. 704 would increase direct spending by about $4 million over the 2016-2025 period. Pay-as-you-go procedures apply because the bill would affect direct spending. Enacting the bill would not affect revenues.

S. 704 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.

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