Fair and Speedy Treatment (FAST) of Medicare Prescription Drug Claims Act of 2007

Summary

Fair and Speedy Treatment (FAST) of Medicare Prescription Drug Claims Act of 2007 - Amends title XVIII of the Social Security Act to require prompt payment of clean claims to pharmacies by prescription drug plans (PDPs) and Medicare Advantage prescription drug plans (MA-PD Plans). Defines "prompt payment" as within 14 calendar days from submission for claims submitted electronically, and within 30 calendar days for claims submitted otherwise. Requires payment of interest, also, if a payment is not issued, mailed, or otherwise transmitted within the applicable number of calendar days. Makes it unlawful for a PDP sponsor to display on any explanatory prescription drug information and enrollee cards the name, brand, or trademark (co-branding) of any pharmacy.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 March 2007

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• Introduced in House (PDF)

  Introduced in House · EN · 12 March 2007

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• Introduced in House

  summary · EN · 12 March 2007

  Open at official source

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