|
|
Article: Medicare Rx benefit draws near, but not all recipients will fare the same: study.(US Medicare Prescription Drug Improvement and Modernization Act of 2003)
- Article from:
- Pharma Marketletter
- Article date:
- December 1, 2003
CopyrightCOPYRIGHT 2003 Marketletter Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The impact of the US Medicare Prescription Drug Improvement and Modernization Act of 2003 will be massive, with a drug benefit for seniors and disabled people, wealthier enrollees asked to pay more for Medicare cover, new Health Savings Accounts for employees and tax-free incentives for employers which offer retirees drug benefits. Hospitals, physicians and industry will also see changes, says health care law information and software provider CCH.
From April 2004 until the Medicare drug benefit begins in 2006, recipients can receive a discount card, saving them 15%-25% per prescription. Also, low-income enrollees, on under 135% of the poverty level, will receive ...