Strategy to incentivize health equity

(a) In general The Secretary, in consultation with the heads of other appropriate Federal agencies, shall develop jointly with the Advisory Council and submit to the Committee on Finance of the Senate and the Committee on Energy and Commerce and the Committee on Ways and Means of the House of Representatives, and make publicly available on the internet website of the Department of Health and Human Services, a Pay for Equity Strategy. (b) Contents The Strategy shall establish goals for Federal programs, including those authorized under titles XVIII and XIX of the Social Security Act, to incentivize health equity, which may include at least— (1) incorporating measures of equity into all payment models by 2028; (2) tying a percentage of reimbursement in value-based payment models to equity measure performance by 2031; and (3) increasing the number of safety net providers participating in value-based payment by a set percentage by 2033. (c) Duties of the Secretary The Secretary, in carrying out subsection (a), shall oversee the following: (1) Collecting and making publicly available information submitted by the Advisory Council. (2) Coordinating and assessing existing Federal Government programs and activities to assess capacity to meet equity goals. (3) Providing technical assistance, as appropriate, such as disseminating identified best practices and information sharing based on reports developed as a result of this subtitle. (d) Initial strategy; updates The Secretary shall— (1) not later than 18 months after the date of enactment of this Act, develop, publish, and submit to the Committee on Finance of the Senate and the Committee on Energy and Commerce and the Committee on Ways and Means of the House of Representatives the strategy outlined in subsection (a); and (2) biennially update, publish, and submit to Congress an updated strategy to— (A) reflect new developments, challenges, opportunities, and solutions; and (B) review progress and, based on the results of such review, recommend priority actions for improving the implementation of such recommendations, as appropriate. (e) Process for public input The Secretary shall establish a process for public input to inform the development of, and updates to, the Strategy, including a process for the public to submit recommendations to the Advisory Council and an opportunity for public comment on the proposed Strategy.