Banks votes to disband Medicare payment panel

Congressman Jim Banks (IN-03) voted Thursday, Nov. 2, to disband the Medicare Independent Payment Advisory Board.

The legislation passed the House 307 to 111.

“Hoosiers should be in charge of their health care choices, not a panel of unelected bureaucrats in Washington,” said Banks. “Strengthening Medicare and putting it on a fiscally healthy track is a task for members of Congress — officials who the American people have elected and can hold accountable.

“This legislation ensures unelected appointees are not given critical authority when it comes to the personal health care decisions of Seniors.”

The 15-member Independent Payment Advisory Board (IPAB), created by the Affordable Care Act, is tasked with reducing Medicare spending.

Banks says the group’s primary function is to cut payments to Medicare providers, which could ultimately result in rationed care for seniors.

The board’s recommendations would be implemented without congressional approval and overturning them would require a supermajority vote by Congress.