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118-hr-7939Committee
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Patient Access to Innovative New Technologies Act of 2024

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Summary

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This bill amends Medicare law to allow breakthrough medical devices that have received FDA approval to qualify for conditional Medicare New Technology Add-On Payments (NTAP) even if they miss the standard approval deadline, provided they receive FDA clearance before July 1 of the fiscal year in question. The bill defines 'breakthrough devices' as those designated for expedited FDA review and priority consideration. The provision is implemented in a budget-neutral manner and applies retroactively to devices approved on or after July 1, 2023.

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Bill details

Congress
118
Bill type
hr
Introduced
April 11, 2024
Sponsor
Not yet available
Last action
December 17, 2024— Referred to the Subcommittee on Health.

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