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Medicare: Technology Assessment and Medical Coverage Decisions

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Report Type Reports and Testimonies
Report Date July 20, 1994
Report No. HEHS-94-195FS
Subject
Summary:

Thousands of medical procedures, devices, and drugs are available for patient care in this country. Each year, public and private health care insurers make coverage decisions for these medical technologies. To make these decisions, insurers increasingly rely on formal technology assessments, which evaluate a technology's safety and effectiveness. In this fact sheet, GAO provides general information about the technology assessment resources and activities of the Public Health Service's Agency for Health Care Policy and Research, the resources and processes of the Health Care Financing Administration (HCFA) for making Medicare coverage decisions, and HCFA's process for making hospital payments that account for the use of new technologies.

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