Medicare Temporary Drug Assistance Act

Medicare Temporary Drug Assistance Act - Amends the Social Security Act (SSA) to add a new title XXII (Outpatient Prescription Drug Assistance Program) to provide funds to enable States to establish a program of assistance (separate from Medicaid under SSA title XIX) to low-income Medicare (SSA title XVIII) beneficiaries and, at State option, Medicare beneficiaries with high drug costs to obtain coverage for outpatient prescription drugs. Makes appropriations.

Allows low-income Medicare beneficiaries and Medicare beneficiaries with high drug costs to elect to suspend Medicare supplemental (Medigap) insurance.