Legislator introduces bill to extend Medicare coverage for blood-based colorectal cancer tests: 3 insights

Representative Donald Payne Jr., D-N.J., introduced legislation aimed at providing Medicare coverage for FDA-approved colorectal screening tests.

Here's what you should know.

1. The legislation would cover all FDA-approved blood-based screening tests similarly to how CMS reimburses current screening methods.

2. Rep. Payne Jr. named the legislation after his late father Donald Payne who died from colorectal cancer.

3. Industry analysts estimate blood-based colorectal testing could save 10,000 lives per year.

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