H.R. 2632 — Medicare Prescription Drug Benefit bill

Summary

Medicare Rx Drug Discount and Security Act of 2001 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to add a new part D (Voluntary Medicare Outpatient Prescription Drug Discount and Security Program). Establishes as an independent executive agency a Medicare Prescription Drug Agency, headed by a Commissioner of Medicare Prescription Drugs, who shall establish a Medicare Outpatient Prescription Drug Discount and Security Program under which an eligible beneficiary may voluntarily enroll with an eligible entity and receive described benefits, including a catastrophic benefit. Outlines enrollee protections. Makes the costs of providing program benefits payable from the Medicare Federal Supplementary Medical Insurance Trust Fund.

Establishes a Medicare Competition and Prescription Drug Advisory Board.

Amends SSA title XVIII part B (Supplementary Medical Insurance) to provide for the exclusion of new part D costs from the determination of the Medicare part B monthly premium.

Revises Medicare supplemental health insurance (Medigap) requirements with respect to revision of the 1991 National Association of Insurance Commissioners Model Regulation to accord with this Act.

Full Text

Related Legislation

S. 1239Medicare Rx Drug Discount and Security Act of 2001
2001-07-25Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8216-8222)
Related

Legislative Actions

2001-07-25
Introduced in House
2001-07-25
Introduced in House
2001-07-25
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.
2001-07-25
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.
2001-07-25
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.
2001-08-06
Referred to the Subcommittee on Health.
2001-08-10
Referred to the Subcommittee on Health.
2001-10-05
Sponsor introductory remarks on measure. (CR H6413-6414)

Medicare Prescription Drug Benefit bill

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill