tci Medicare Compliance & Reimbursement - 2003 Issue 24

Medicare: SENATE FINANCE APPROVES

After an all-day June 12 mark-up, the Senate Finance Committee approved a bill that would add prescription drugs to Medicare and carve out a new role in the program for preferred provider organizations. The 16 to 5 favorable vote evidenced the momentum that has built up behind the effort to give seniors a drug benefit, which conventional wisdom only recently had consigned to another year of futility. The full Senate will take up the bill, S. 1, on Monday, and Majority Leader Bill Frist (R-TN) has vowed to pass it before the July 4th recess. Also on June 12...

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