Medicare Rx Drug Discount and Security Act of 2000

Summary

Medicare Rx Drug Discount and Security Act of 2000 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to add a new part D (Voluntary Medicare Outpatient Prescription Drug Discount and Security Program) to create the Commissioner of Medicare Prescription Drugs who shall establish a Medicare Outpatient Prescription Drug Discount and Security Program under which an eligible beneficiary may voluntarily enroll with an eligible private entity and receive described benefits, including a catastrophic benefit. Makes the costs of providing program benefits payable from the Federal Supplementary Medical Insurance Trust Fund. Authorizes appropriations. Establishes as an independent executive agency a Medicare Prescription Drug Agency to administer the new part D program through the Commissioner. Authorizes appropriations. Amends SSA title XVIII part B (Supplementary Medical Insurance) to provide for the exclusion of new part D costs from the determination of the Medicare part B monthly premium. Revises Medicare supplemental health insurance (Medigap) requirements with respect to revision of the 1991 National Association of Insurance Commissioners Model Regulation to accord with this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 June 2000

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 30 June 2000

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 30 June 2000 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 30 June 2000

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 30 June 2000

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 30 June 2000

  Open at official source

Sponsors

• Sen. Hagel, Chuck [R-NE] · R · Sponsor
• Sen. Abraham, Spencer [R-MI] · R · Sponsor
• Sen. Hutchinson, Tim [R-AR] · R · Sponsor
• Sen. Burns, Conrad R. [R-MT] · R · Sponsor
• Sen. Coverdell, Paul [R-GA] · R · Sponsor
• Sen. McCain, John [R-AZ] · R · Sponsor
• Sen. Ashcroft, John [R-MO] · R · Sponsor
• Rep. Kyl, Jon [R-AZ-4] · R · Sponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.