S. 2831: Stand Strong for Medicare Act

This bill, known as the Stand Strong for Medicare Act, proposes changes to the Medicare program specifically regarding coverage for items designed to prevent falls among elderly and disabled individuals. Here are the main components of the bill:

Coverage for Fall Prevention Items

The bill amends the Social Security Act to ensure that certain fall prevention items are covered under Medicare. The specific items included in this coverage are:

• Grab bars
• Non-slip mats
• Shower chairs
• Bed rails
• Other items the Secretary of Health and Human Services may specify

This change will add these items to the list of things that doctors can prescribe for coverage under Medicare, enhancing the support available for individuals at risk of falling.

Modification of Exclusion for Non-Prescribed Items

Currently, some items must be prescribed by a physician to be covered by Medicare. This bill modifies the exclusions related to fall prevention items, allowing for their coverage even if they are not directly prescribed. It introduces a new category for these items that clarifies they may be covered as long as they meet specific definitions outlined in the bill.

Exemption from Sequestration

The bill includes a provision that payments for fall prevention items will not be affected by sequestration, a process of automatic spending cuts, under various federal laws. This ensures stable funding for these items, which is particularly important for the elderly population that relies on such support.

Effective Date

The changes outlined in the bill will take effect 60 days after the bill is enacted into law.

Summary

In summary, the Stand Strong for Medicare Act aims to widen Medicare coverage to include fall prevention items that can enhance the safety and well-being of beneficiaries. By covering these items, the bill seeks to reduce the risk of falls, which are a significant concern for older adults and can lead to serious injuries.

Relevant Companies

• MDT - Medtronic plc: As a manufacturer of medical devices, including those related to patient safety, Medtronic could see an increase in demand for fall prevention products.
• PHG - Koninklijke Philips N.V.: Philips produces healthcare and home safety products, which may benefit from enhanced Medicare coverage for fall prevention items.
• SCON - Superconductor Technologies Inc.: If this company develops products related to fall prevention, it may find new opportunities for growth as a result of the bill.