Territories Medicare Prescription Drug Assistance Equality Act of 2021
- Last Action
- 3/12/2021
Actions
- 2021-03-12Referred to the Subcommittee on Health.
- 2021-03-11Referred to the Subcommittee on Health.
- 2021-03-11Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-03-11Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-03-11Introduced in House
- 2021-03-11Introduced in House
CRS Summary
As of 2021-03-11 (00)
Territories Medicare Prescription Drug Assistance Equality Act of 2021
This bill makes certain income-based subsidies under the Medicare prescription drug benefit available to individuals who reside in Puerto Rico or another U.S. territory and are otherwise eligible.
Current law makes such individuals ineligible for premium and cost-sharing subsidies, but establishes a process for U.S. territories to apply for financial assistance with respect to the provision of Medicare prescription drugs. The bill retains a process for U.S. territories to apply for such assistance, but alters the formula by which the amount of assistance is calculated. Specifically, the bill phases in modifications to the formula that more closely align how assistance is calculated for U.S. territories with how it is calculated for the 50 states and the District of Columbia.
Cosponsors (2)
- Darren Soto (D-FL)
- Michael San Nicolas (D-GU)
Subjects
- Caribbean area
- Health care coverage and access
- Medicaid
- Medicare
- Prescription drugs
- Puerto Rico
- U.S. territories and protectorates
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.