S. 1521 would amend titles XVIII and XIX of the Social Security Act to require provider payments under Medicare and Medicaid to be made through direct deposit or electronic funds transfer (EFT) at insured depository institutions.
Detailed Summary
Improving Medicare-Medicaid Payment Policy for Reimbursement through Oversight and Efficiency Act of 2009 or the IMPROVE Act of 2009 - Amends title XVIII (Medicare) and title XIX (Medicaid) of the Social Security Act to require provider and supplier payments under Medicare and Medicaid to be made through direct deposit or electronic funds transfer (EFT) at depository institutions that are federally insured or eligibile for federal insurance.
Status of the Legislation
Latest Major Action: 7/28/2009: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
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