A bill to amend part B of title XVIII of the Social Security Act to provide a voluntary insurance option for medicare beneficiaries permitting coverage of certain gaps in medicare coverage and covering one preventive care visit each year.

Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to permit each individual enrolled under part B to elect to be provided the benefits described in this Act. Provides that each such individual shall be deemed to have elected coverage for such benefits, unless the individual files notice to the contrary. Directs the Secretary of Health and Human Services to establish the premiums for such coverage. Sets forth the following benefits to be provided by such coverage: (1) the limitation on the length of inpatient hospital services under part A (Hospital Insurance) of title XVIII would be dropped; (2) coinsurance payments, under part A, for the first 100 days of skilled nursing coverage would be dropped; (3) coinsurance payments for part B services would be dropped; and (4) coverage for an annual preventive health care visit would be added.