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HR 655 109th Congress House Health Commerce Drugs Economics and Public Finance Employee health benefits Finance and Financial Sector Government Operations and Politics Government paperwork Health insurance Labor and Employment Medicare Prescription pricing Retiree health benefits Social Welfare Subsidies Valuation

Prescription Plan Preservation Act of 2005

Introduced: February 8, 2005 Introduced by: Nadler, Jerrold Democratic · New York See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 2005
Referred to the Subcommittee on Health.
Feb 17, 2005
Referred to the Subcommittee on Health.
Feb 8, 2005
Referred 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.
Feb 8, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Prescription Plan Preservation Act of 2005 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to condition the payment of Medicare employer prescription drug subsidies on the maintenance of current prescription drug benefits.

Requires the actuarial value of prescription drug coverage to be at least equal to the greater of the actuarial value of: (1) standard prescription drug coverage (as under current law); or (2) the employment-based retiree health coverage in effect as of December 8, 2003.

What's happening now February 25, 2005

Referred to the Subcommittee on Health.

 Committees of jurisdiction 4