To amend title XVIII of the Social Security Act to provide affordable prescription drugs to low-income Medicare beneficiaries and stop-loss prescription drug coverage for all Medicare beneficiaries.
Requires the Secretary of Health and Human Services establish an open enrollment process for eligible beneficiaries and provide that applications to enroll under the Program may be collected by pharmacy providers, manufacturers, or their agents. Requires that Pharmacy Benefit Administrators process applications for enrollment.
Requires the Secretary to provide for the broad dissemination of information to eligible beneficiaries regarding enrollment.
Requires the Secretary to establish a process to accept bids and award contracts to administer benefits.
Establishes within the Federal Supplementary Medical Insurance Trust Fund a Pharmacy Benefit Fund to reimburse the Pharmacy Benefits Administrator and participating pharmacy providers, and to pay for cost of providing benefits.
Introduced in House
Introduced in House
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.
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.
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.
Referred to the Subcommittee on Health.
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