Two events this week drew new attention to the Independent Payment Advisory Board (IPAB) — a presidentially appointed commission charged with developing ways to slow the growth of Medicare spending. Medicare’s trustees reported that projected Medicare spending growth will likely trigger the IPAB process for the first time in 2017 and require the board to make recommendations in January 2018 for implementation in January 2019. At the same time, House Republican leaders issued a health care plan proposing to repeal IPAB.
Repealing IPAB would be unwise, as we’ve explained. Here’s why:
Now that the trustees’ report suggests that the IPAB process will likely be triggered in 2017, the Administration that takes office in January should promptly nominate IPAB members and the Senate should confirm them expeditiously so that the board will be ready to carry out its duties if it must do so next year.