Download or read book A Policy Analysis of the Medicare Prescription Drug Improvement and Modernization Act of 2003 written by Nicole K. Delgado (Graduate student) and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This is a policy analysis of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, commonly referred to as Medicare Part D by Medicare beneficiaries and the wider health care community. Before the enactment and implementation of the policy, prescription drug coverage was not a part of the more extensive Medicare benefits. There are two main objectives of the policy. The first is to offer prescription medication coverage to all eligible beneficiaries. The second is to provide access to needed prescription medications for beneficiaries. The following policy analysis analyzes the impact of the Medicare Part D policy on beneficiaries with chronic medical conditions who may need access to specialty medications and the effect on beneficiaries of color.
Download or read book Impact of the Medicare Prescription Drug Improvement and Modernization Act of 2003 on Current Maryland Prescription Drug Programs written by Maryland. General Assembly. Department of Legislative Services. Office of Policy Analysis and published by . This book was released on 2004 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Medicare Prescription Drug Improvement and Modernization Act of 2003 P L 108 173 written by Keith J. Mueller and published by . This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adding a Prescription Drug Benefit to Medicare written by Carla D. Jones and published by . This book was released on 2004-09 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 added an outpatient prescription drug benefit to Medicare. This benefit had been a recurring topic among lawmakers, attempted many times since Medicare was enacted in 1965. The 2003 legislation marked the most significant and expensive overhaul of Medicare since its creation. It occurred at a time of record federal budget deficits and Republican control of Congress and the White House. The major compromise that allowed this legislation to succeed concerned the total funding to be made available, the amount of privatization in the design and administration of the benefit, and the scope of the coverage. This thesis identifies and describes the primary stakeholders involved and their influences on the benefit, including political parties, Congress, the Bush Administration and interest groups, and summarizes previous attempts at similar legislation. Sources include congressional testimony, government cost estimates, legislation, journal articles, and think-tanks. The thesis analyzes the legislative process that produced the Medicare reform and identifies problems and issues resulting from it.
Download or read book Medicare Prescription Drug Improvement and Modernization Act of 2003 written by CCH Incorporated and published by Wolters Kluwer. This book was released on 2004-01-01 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Prescription Drug Improvement and Modernization Act of 2003 written by United States. Congress and published by . This book was released on 2003 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Federal Medicare Prescription Drug Improvement and Modernization Act of 2003 and Its Impact on Connecticut a Preliminary Analysis written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Prescription Drug Improvement and Modernization Act written by Benjamin H. Moll and published by . This book was released on 2004 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book H R 1 Medicare Prescription Drug and Modernization Act of 2003 written by United States. Congress. House. Committee on Rules and published by . This book was released on 2003 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Bill to Amend the Medicare Prescription Drug Improvement and Modernization Act of 2003 to Expand Comparative Effectiveness Research and to Increase Funding for Such Research to Improve the Value of Health Care written by United States. Congress. House and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Prescription Drug Improvement and Modernization Act of 2003 H R 1 written by CCH Incorporated and published by . This book was released on 2003 with total page 681 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Prescription Drug and Modernization Act of 2003 written by United States. Congress. House. Committee on Energy and Commerce and published by . This book was released on 2003 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Public Policy Analysis of the Medicare Modernization Act of 2003 written by Andrew William Hawkins and published by . This book was released on 2009 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Medicare Prescription Drug Improvement and Modernization Act of 2003 written by Candace Miller and published by . This book was released on 2007 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition and the Cost of Medicare s Prescription Drug Program written by Anna Cook and published by . This book was released on 2014-09-03 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (the Medicare Modernization Act, or MMA) substantially expanded the federal Medicare program by creating the prescription drug benefit known as Part D. In FY 2013, Medicare Part D covered 39 million people. The federal government spent $59 billion net of premiums on Part D in that year; after accounting for certain payments from states under the program, the net federal cost was $50 billion, which represented 10% of net federal spending for Medicare. A combination of broader trends in the prescription drug market and lower-than-expected enrollment in Part D has contributed to much lower spending for the program than projected when the MMA became law in 2003. This report examines the federal budgetary cost and competitive design of Medicare Part D and compares Medicare Part D and Medicaid Fee for Service. Figures and tables. This is a print on demand report.
Download or read book Medicare Prescription Drug Improvement and Modernization Act of 2003 written by United States. Congress and published by . This book was released on 2003 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Overview of the Medicare Prescription Drug Improvement and Modernization Act of 2003 written by and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 8, 2003, the President signed the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, P.L. 108-173. On November 22, 2003, the House of Representatives voted 220 to 215 to approve H.R. 1, the Medicare prescription drug and modernization conference agreement. The Senate voted 54 to 44 to approve the conference agreement on November 25. The Act creates a prescription drug benefit for Medicare beneficiaries and establishes a new Medicare Advantage program to replace the current Medicare+Choice program. The prescription drug benefit, which begins in 2006, is voluntary and beneficiaries would pay a monthly premium after enrolling. Until that time, beneficiaries have access to a drug discount card to obtain discounts on their drug purchases. Medicare Advantage establishes payments based on a system of bids and benchmarks. One area of major difference during the conference was the so-called "premium support" provisions of H.R. 1 whereby the original Medicare fee-forservice program would be required to compete against the new Medicare Advantage program. The Act creates a six-year Comparative Cost Adjustment program in which the concept of premium support would be applied in a limited number of Metropolitan Statistical Areas (MSAs). The Act also provides a stabilization fund to create incentives for plans to enter into and remain in the Medicare Advantage program. The Act includes a measure that would require congressional consideration of legislation if general revenue funding for the entire Medicare program exceeds 45%. In addition, beginning in 2007, the Medicare Part B premium will be increased for high-income beneficiaries; it will be phased-in over five years. The Part B deductible increases to $110 in 2005 and will be indexed beginning in 2006. The Act contains numerous provisions that generally increase fee-for-service Medicare payments, especially for rural health care providers, and modify numerous regulatory and administrative practices. The Act also makes changes to the Medicaid program and authorizes new tax-advantaged accounts for medical expenses called health savings accounts. Under Congress's FY2004 budget resolution, $400 billion was reserved for Medicare modernization, creation of a prescription drug benefit, and, in the Senate, to promote geographic equity payment. The Congressional Budget Office (CBO) estimated that the conference agreement for H.R. 1 would increase direct (or mandatory) spending by $394.3 billion from FY2004 through FY2013. Prescription drug spending is estimated at $409.8 billion over the 10-year period and Medicare Advantage spending at $14.2 billion. The fee-for-service provisions are estimated to save $21.5 billion over the 10-year period and the cost containment measures are estimated to save $13.3 billion over the period.
