tci Medicare Compliance & Reimbursement - 2004 Issue 2

Medicare: CMS ISSUES DRUG DISCOUNT CARD RULE

Experts debate whether seniors will flock to the temporary cards.  On Dec. 10, only two days after President Bush signed sweeping Medicare legislation, the Centers for Medicare & Medicaid Services issued an interim final rule providing for the prescription drug discount card program authorized by the new law. The discount cards, which will cost beneficiaries a maximum of $30 annually, are designed to provide an immediate transitional benefit for beneficiaries until full drug coverage is up and running in 2006. CMS estimates that, starting in June, the Medicare-endorsed cards will save beneficiaries an average of 10 to 15...

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