S. 2326 · 116th Congress
New Opportunities for Value that Extend Lives Act of 2019
- Stage
- In committee
- Sponsor
- Richard Burr
- Introduced
- 2019-07-30
- Latest action
- 2019-07-30 · Introduced in Senate
Summary
New Opportunities for Value that Extend Lives Act of 2019 or the NOVEL Act of 2019 This bill establishes a process for expediting the assignment of Healthcare Common Procedure Coding System (HCPCS) codes to medical products that have been designated as a breakthrough product or regenerative advanced therapy by the Food and Drug Administration; it also establishes a process for determining coverage under Medicare of such breakthrough products that have been assigned HCPCS codes.