Bill Summary & Status for the 107th Congress

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H.R.2632
Sponsor: Rep Foley, Mark [FL-16] (introduced 7/25/2001)
Related Bills: S.1239
Latest Major Action: 8/10/2001 Referred to House subcommittee. Status: Referred to the Subcommittee on Health.
Title: To amend title XVIII of the Social Security Act to provide Medicare beneficiaries with access to affordable outpatient prescription drugs.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
7/25/2001:
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
7/25/2001:
Referred to House Energy and Commerce
8/10/2001:
Referred to the Subcommittee on Health.
7/25/2001:
Referred to House Ways and Means
8/6/2001:
Referred to the Subcommittee on Health.
COMMITTEE(S):
RELATED BILL DETAILS:  (additional related bills may be indentified in Status)

AMENDMENT(S):

***NONE***

COSPONSORS(3), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Capito, Shelley Moore - 7/25/2001 [WV-2] Rep Smith, Christopher H. - 9/21/2001 [NJ-4]
Rep Terry, Lee - 7/25/2001 [NE-2]

SUMMARY AS OF:
7/25/2001--Introduced.

Medicare Rx Drug Discount and Security Act of 2001 - 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). Establishes as an independent executive agency a Medicare Prescription Drug Agency, headed by a 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 entity and receive described benefits, including a catastrophic benefit. Outlines enrollee protections. Makes the costs of providing program benefits payable from the Medicare Federal Supplementary Medical Insurance Trust Fund.

Establishes a Medicare Competition and Prescription Drug Advisory Board.

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.