TAPP Joins 40+ Organizations on Coalition Letter to Congress Urging Elimination of Center for Medicare and Medicaid Innovation (CMMI)
The Trade Alliance to Promote Prosperity joined more than 40 organizations in urging Congress to eliminate the Center for Medicare and Medicaid Innovation (CMMI) because of its terrible rate of success in delivering lower drug prices or higher quality for patients.
In part, the coalition wrote, “CMMI was created in the Affordable Care Act with a narrow mandate to test limited payment “models” for Medicare, Medicaid, and the Children’s Health Insurance Program that would reduce costs and improve care. The Congressional Budget Office originally projected that CMMI would save $2.8 billion between 2011 and 2020. Instead, it lost $5.4 billion during that period and is projected to lose another $1.3 billion by 2030… A June 2021 report found that only four of 174 CMMI models sufficiently met the required standards of reduced spending or improved quality to be expanded across Medicare nationwide. Common sense dictates that any federal program with such an abysmal rate of success should not be given any further opportunity to waste the taxpayers’ money… CMMI is a failure. It is time for Congress to shut it down.”
Read the full letter here.