Congress 107 - HR 3626 - Medicare Drug and Service Coverage Act of 2002

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Coinsurance Commerce Congress Congressional investigations Congressional reporting requirements Consumer complaints Cost control Cost of living adjustments Drug industry Drug therapy Drugs Economics and Public Finance Federal advisory bodies Finance and Financial Sector Government contractors Government Operations and Politics Government paperwork Government trust funds Grievance procedures Health Insurance premiums Medical economics Medical fees Medicare Patient satisfaction Pharmacies Prescription pricing Quality of care Rebates Social Welfare

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Summary

Medicare Drug and Service Coverage Act of 2002 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to add a new part D (Outpatient Prescription Drug Benefit Program), a voluntary prescription drug benefit program to provide eligible enrollees covered outpatient prescription drugs, covered medication preparation services, and covered medication therapy management services. Requires such an enrollee to be entitled to hospital insurance benefits under Medicare part A (Hospital Insurance) and enrolled in Medicare part B (Supplementary Medical Insurance).

Establishes within the Supplementary Medical Insurance Trust Fund the Prescription Drug Benefit Insurance Account for the payment of benefits under the program.

Makes program enrollees responsible for a $250 annual deductible and a co-payment for services for which payment may be made under the program.

Establishes a Medicare Prescription Drug Benefit Advisory Commission. Directs the Secretary of Health and Human Services, with the Commission's advice, to: (1) determine and promulgate a coinsurance amount that qualified beneficiaries pay with benefits covered under this program for the next calendar year; and (2) determine and promulgate a monthly premium.

Actions

Feb 4, 2002

Referred to the Subcommittee on Health.
Jan 24, 2002

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 24, 2002

Introduced in House

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