An Rx for the Modification of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003: Toward a Reform with Results

28 Pages Posted: 21 Feb 2007

See all articles by Daniel Martin Katz

Daniel Martin Katz

Illinois Tech - Chicago Kent College of Law; Stanford CodeX - The Center for Legal Informatics

Monica Deshpande

affiliation not provided to SSRN

Abstract

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MPDIMA) represents the most significant overhaul of the Medicare system since its creation. For many individuals, the legislation represents progress towards providing America's seniors with an optimal degree of outpatient prescription drug coverage. However, despite the new benefits MPDIMA creates, a more thoughtfully-crafted version of the legislation could provide more expansive, less expensive coverage for a greater number of Medicare eligible seniors.

This article begins with a brief overview of the Medicare system prior to the passage of MPDIMA. Next, it highlights several key sections of the legislation and outlines specific areas that Congress could modify to provide greater value to both taxpayers and Medicare enrollees. Finally, the article discusses cost-containment strategies to fund the effort to provide a more substantial and effective Medicare prescription drug benefit.

Keywords: Medicare, Prescription Drugs, MPDIMA, Drug Reimportation, Medicare Part D

Suggested Citation

Katz, Daniel Martin and Deshpande, Monica, An Rx for the Modification of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003: Toward a Reform with Results. Annals of Health Law, Vol. 14, p. 183, 2005. Available at SSRN: https://ssrn.com/abstract=964227

Daniel Martin Katz (Contact Author)

Illinois Tech - Chicago Kent College of Law ( email )

565 W. Adams St.
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HOME PAGE: http://www.danielmartinkatz.com/

Stanford CodeX - The Center for Legal Informatics ( email )

559 Nathan Abbott Way
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United States

HOME PAGE: http://law.stanford.edu/directory/daniel-katz/

Monica Deshpande

affiliation not provided to SSRN ( email )

No Address Available

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