Congress Enacts Comprehensive Medicare Prescription Drug Legislation
Mondaq Business Briefing › United States Law Articles in English (2003)
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Congress Enacts Comprehensive Medicare Prescription Drug Legislation
By Jorge Lopez Jr. and Michael J. Parini
Congress today enacted the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (the "Act"), ending a contentious, partisan debate over the form and substance of adding an outpatient prescription drug benefit under the Medicare Program. This historic legislation, which represents the most significant expansion of Medicare since the advent of the program in 1965, comes on the heels of the House and the Senate passing separate bills earlier this year, which were reconciled by a congressional conference committee this week after months of negotiations. On November 22, the conference agreement narrowly passed the House in a dramatic 220-215 vote and cleared the Senate today by a vote of 54-44. The measu...See the full content of this document
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