Fair and Speedy Treatment (FAST) of Medicare Prescription Drug Claims Act of 2006

This bill, introduced in 2006, aimed to speed up the reimbursement process for pharmacies providing medications under Medicare Part D by requiring insurance plans to pay electronic claims within 14 days. It would have prohibited insurance companies from placing specific pharmacy logos on Medicare drug cards and established a minimum $14 dispensing fee for generic drugs to support local pharmacies. Additionally, the legislation sought to expand patient access to "medication therapy management"—personalized consultations to help seniors manage complex drug regimens—by standardizing these services and launching a pilot program to study their impact on health outcomes.