Medicare Prescription Drug, Improvement, and Modernization Act of 2003
E544646
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 is a major U.S. federal law that overhauled Medicare by adding outpatient prescription drug coverage and expanding private plan options for beneficiaries.
Observed surface forms (3)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
Medicare legislation
ⓘ
United States federal statute ⓘ |
| affects |
Medicare beneficiaries
ⓘ
pharmaceutical industry ⓘ private health plans ⓘ |
| aimedTo |
increase role of private plans in Medicare
ⓘ
modernize Medicare benefits ⓘ |
| alsoKnownAs | Medicare Prescription Drug Benefit law NERFINISHED ⓘ |
| billNumberHouse | H.R.1 (108th Congress) NERFINISHED ⓘ |
| codifiedIn | Title 42 of the United States Code NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdProgram |
Health Savings Account
NERFINISHED
ⓘ
Medicare Advantage NERFINISHED ⓘ Medicare Part D NERFINISHED ⓘ |
| dateSigned | 2003-12-08 ⓘ |
| debatedIssue |
extent of subsidies to private insurers and drug plans
ⓘ
lack of federal negotiation of drug prices ⓘ long-term fiscal impact on Medicare ⓘ |
| enactedBy | 108th United States Congress NERFINISHED ⓘ |
| established | standard Medicare Part D benefit design including coverage gap ⓘ |
| expanded |
Medicare managed care into Medicare Advantage (Part C)
ⓘ
private plan options for Medicare beneficiaries ⓘ |
| implementedProgramStartDate | Medicare Part D 2006-01-01 ⓘ |
| introducedConcept | Medicare Part D coverage gap (donut hole) NERFINISHED ⓘ |
| introducedInChamber | United States House of Representatives NERFINISHED ⓘ |
| legislativeStatus | in force ⓘ |
| majorProvision |
creation of Health Savings Accounts
ⓘ
means-tested premiums for higher-income beneficiaries ⓘ outpatient prescription drug coverage for Medicare beneficiaries ⓘ subsidies for employer-sponsored retiree drug coverage ⓘ temporary Medicare prescription drug discount card program ⓘ |
| policyArea |
health care
ⓘ
social insurance ⓘ |
| politicalContext | George W. Bush administration domestic policy ⓘ |
| presidentAtSigning | George W. Bush NERFINISHED ⓘ |
| primarySubject |
Medicare
NERFINISHED
ⓘ
prescription drug coverage ⓘ |
| prohibits | direct negotiation by the federal government over Part D drug prices ⓘ |
| provides |
federal subsidies to private prescription drug plans
ⓘ
low-income subsidies for Medicare Part D enrollees ⓘ |
| publicLawNumber | Public Law 108-173 NERFINISHED ⓘ |
| regulates |
Medicare Advantage prescription drug plans (MA-PDs)
NERFINISHED
ⓘ
Medicare prescription drug plans (PDPs) NERFINISHED ⓘ |
| shortName |
MMA
NERFINISHED
ⓘ
Medicare Modernization Act NERFINISHED ⓘ |
| signedBy | George W. Bush ⓘ |
| sponsorChamber | Republican-controlled Congress ⓘ |
| titleOfProgramCreated | Medicare Part D prescription drug benefit NERFINISHED ⓘ |
| yearEnacted | 2003 ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Medicare Part D
Tommy Thompson (American politician)
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notableWork
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Medicare Prescription Drug, Improvement, and Modernization Act of 2003
ⓘ
subject surface form:
Tommy Thompson
this entity surface form:
Medicare prescription drug benefit implementation
Bush administration
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notableLegislation
→
Medicare Prescription Drug, Improvement, and Modernization Act of 2003
ⓘ
this entity surface form:
Medicare Prescription Drug, Improvement, and Modernization Act
United States healthcare system
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influencedBy
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Medicare Prescription Drug, Improvement, and Modernization Act of 2003
ⓘ
this entity surface form:
Medicare Modernization Act of 2003