Medicare Economic Index Technical Advisory Panel
The Medicare Economic Index Technical Advisory Panel is established by the Secretary of Health and Human Services under 42 U.S.C. §217a and is governed by the provisions of the Federal Advisory Committee Act, P.L. 92-463 (Oct. 6, 1972), as amended, 5 U.S.C. App.
The Panel shall conduct a technical review of the Medicare Economic Index (MEI), including the inputs, input weights, price-measurement proxies, and productivity adjustment. The Panel will be asked to assess the relevance and accuracy of these inputs to current physician practices. The Panel's analysis and recommendations will be considered in future rule making to ensure that the MEI accurately and appropriately meets its intended statutory purpose. The panel will not consider issues such as replacing the price index with a cost index, or other issues that lie outside the limits of the Centers for Medicare & Medicaid Services' (CMS) statutory authority, such as replacing the Sustainable Growth Rate (SGR) formula with the MEI.
Following the technical review meeting(s), the Panel shall issue a report that summarizes its recommendations for the Medicare Economic Index.