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Issues in Designing a Prescription Drug Benefit for Medicare
$17.47
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Medicare Part D Prescription Drug Benefit
Product Code:
9781502840547
ISBN13:
9781502840547
Condition:
New
$21.78
Medicare Part D Prescription Drug Benefit
$21.78
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA, P.L. 108-173) established a voluntary, outpatient prescription drug benefit under Medicare Part D, effective January 1, 2006. Medicare Part D provides coverage through private prescription drug plans (PDPs) that offer only drug coverage, or through Medicare Advantage (MA) prescription drug plans (MA-PDs) that offer coverage as part of broader, managed care plans. Private drug plans participating in Part D bear some financial risk, though federal subsidies cover most program costs in an effort to encourage participation and keep benefits affordable.
| Author: Congressional Research Service |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Oct 08, 2014 |
| Number of Pages: 66 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1502840545 |
| ISBN-13: 9781502840547 |
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