S 2319 · 106th Congress · Health

Voluntary Medicare Prescription Drug Plan Act of 2000

Introduced 2000-03-29· Sponsored by Sen. Smith, Bob [R-NH]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2000-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Voluntary Medicare Prescription Drug Plan Act of 2000 - Amends title XVIII (Medicare) of the Social Security Act to add a new part D (Voluntary Medicare Prescription Drug Coverage) under which a Medicare Prescription Drug plan eligible individual, not enrolled in a Medicare+Choice plan, may enroll in the Rx Option coverage for outpatient prescription drugs offered only through private contractors, and subject to payment of a combined deductible ($675) in lieu of the deductibles applied under Medicare parts A (Hospital Insurance) and B (Supplementary Medical Insurance). Sets the outpatient prescription drug benefit at 50 percent of the lesser of: (1) the cost of such drugs for a year; or (2) $5000. Establishes special rules with respect to Medicare supplemental health insurance (Medigap) for individuals enrolled in the Rx Option.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican