Territories Health Equity Act of 2023

The Territories Health Equity Act of 2023 improves healthcare access and funding for residents of U.S. territories by making several key changes to Medicare and Medicaid programs. It eliminates funding limitations for Medicaid in territories beginning in 2024, removes specific Medicare funding restrictions for Puerto Rico, and allows territories to receive payments for hospitals serving high numbers of low-income residents. The bill creates automatic eligibility for low-income territorial residents to receive Medicare premium and cost-sharing subsidies, eliminates late enrollment penalties for Part B Medicare in Puerto Rico, and requires transparency about Medicaid and CHIP programs in territories. These changes directly affect residents of Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands, and American Samoa, as well as healthcare providers in these territories.