Proposes an improvement to Medicare Part D program to subsidize the cost of prescriptions for elderly and poor citizens.
Written in 2009; 5,535 words; 26 sources; APA; $ 135.95
Paper Summary:
This paper describes the proposed Medicare Part D legislation, which would require the Department of Health and Human Services to negotiate discounts or fix reference prices with the drug industry. However, the paper explains there are problems with this bill. After reviewing the many influences that affect this bill, the author proposes additional legislation to cover the doughnut hole gap in the current bill and for negotiating drug pricing under this program.
Table of Contents:
History and Legislative Influences: Medicare Part D
Legislative Influences
Economic Principles
Legislative Influences
Regulatory Influences
Government Role: Medicare Part D
Government Influences
Society's Relationship
Effects on Population Subgroups
Elderly Population
Disabled Population
Macroeconomic Impact
Healthcare System
Impacts of External Factors
Solutions to Mitigate Impacts
Final Proposal Medicare Part D
Proposal for Coverage Gap Changes
Negotiating Drug Pricing
Conclusion
From the Paper:
"The basic structure of Medicare Part D has an extensive social and legislative history, which is helpful to understand. The MMA of 2003 was finally bringing prescription drug coverage to the seniors of America. In 1965, Medicare was signed into law. During the 1960s, pharmaceuticals were not as critical to healthcare as they are today. There were not as many medicines available and the drugs, which were available, had less therapeutic benefits."
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