Colorectal Cancer Payment Fairness Act

S 2949, the Colorectal Cancer Payment Fairness Act, changes Medicare coverage rules for colorectal cancer screenings. It eliminates out-of-pocket costs for these screenings for Medicare beneficiaries starting in 2026 and makes this 100% coverage permanent. The bill amends Medicare law to remove the coinsurance requirement (where patients pay a portion of the cost) for colorectal cancer screenings after 2025, ensuring Medicare covers 100% of the approved amount for these tests. This directly affects Medicare beneficiaries needing routine colorectal cancer screenings, removing financial barriers to early detection.