Health Tech Investment Act

HR 6197, the Health Tech Investment Act, establishes a new payment category under Medicare for algorithm-based healthcare services (like AI tools used in diagnosis or treatment) starting January 1, 2026. It requires Medicare to pay based on manufacturer-provided costs (including software, staff, and overhead) for these services and prohibits removing them from the special payment category for at least five years after initial payment. This directly affects Medicare beneficiaries (through coverage), healthcare providers (who deliver these services), and AI/algorithm service manufacturers (who receive reimbursement). The bill ensures these new technologies get fair payment while gathering sufficient claims data before potentially moving them to standard payment categories.