Equal Access to Prescription Drugs for All Seniors Act
Last action on Jun 24, 2003Referred to the Subcommittee on Health.
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Summary
Equal Access to Prescription Drugs for All Seniors Act - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services to establish a program that provides outpatient prescription drug benefits for individuals who are enrolled under this part and entitled to benefits under Medicare part A (Hospital Insurance). State that the program is designed to provide benefits in a calendar year for a beneficiary after the beneficiary has incurred out-of-pocket costs for covered outpatient prescription drugs that exceeds such percentage of income as the Secretary shall specify for each year. Requires the percentage to vary from year to year and allows it to vary based on the income of beneficiaries.
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