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.

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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.

Part D createdBy Medicare Prescription Drug, Improvement, and Modernization Act of 2003
subject surface form: Medicare Part D
Tommy Thompson (American politician) notableWork 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 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 influencedBy Medicare Prescription Drug, Improvement, and Modernization Act of 2003
this entity surface form: Medicare Modernization Act of 2003