Bill

Bill > HR5099


US HR5099

Lowering Medicare Premiums and Prescription Drug Costs Act


summary

Introduced
08/24/2021
In Committee
08/24/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend title XVIII of the Social Security Act to move Medicare cost-sharing benefits from Medicaid to Medi- care, and for other purposes.

AI Summary

This bill aims to move Medicare cost-sharing benefits from Medicaid to Medicare and expand access to prescription drug cost assistance under Medicare Part D for low-income seniors and individuals with disabilities. Specifically, the bill would create a new "Medicare Cost Assistance Program" that would provide Medicare cost assistance, such as premiums, coinsurance, and deductibles, for eligible individuals with incomes at or below 200% of the federal poverty level. The bill would also expand eligibility for Medicare Part D low-income subsidies by increasing the income threshold from 135% to 200% of the federal poverty level.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (2)

Last Action

Referred to the Subcommittee on Health. (on 08/24/2021)

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