More Savings, More Choice Prescription Drug Act of 2002
Amends SSA title XIX (Medicaid) to: (1) require State Medicaid plans to provide for making eligibility determinations for premium and cost-sharing subsidies with regard to the Medicare prescription drug benefit for low-income Medicare beneficiaries; (2) provide for phased-in Federal assumption of Medicaid prescription drug costs for dually-eligible Medicare and Medicaid beneficiaries; (3) require continued Medicaid payment for such an individual to the extent payment is not made under the prescription drug plan or the Medicare+Choice plan selected by the individual; and (4) provide for Medicaid prescription drug coverage by territories.
Prescribes conditions and limitations for prescription drug coverage by new Medicare supplemental (Medigap) policies.
Sponsor introductory remarks on measure. (CR H3438)