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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2019-07-30 | IntroReferral | Read twice and referred to the Committee on Finance. | Senate |
| 2019-07-30 | IntroReferral | Introduced in Senate | Library of Congress |