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Territories Medicare Prescription Drug Assistance Equality Act of 2023

This bill makes certain income-based subsidies under the Medicare prescription drug benefit available to individuals who reside in Puerto Rico or another U.S. territory and are otherwise eligible.

Current law makes such individuals ineligible for premium and cost-sharing subsidies, but establishes a process for U.S. territories to apply for financial assistance with respect to the provision of Medicare prescription drugs. The bill retains a process for U.S. territories to apply for such assistance, but alters the formula by which the amount of assistance is calculated. Specifically, the bill phases in modifications to the formula that more closely align how assistance is calculated for U.S. territories with how it is calculated for the 50 states and the District of Columbia.

House committee actions Actions

Committee
Jun. 16 2023	Referred to the Subcommittee on Health.

House floor actions Actions

IntroReferral

Jun. 12
2023

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.
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.

Library of Congress Actions

IntroReferral
Jun. 12 2023	Introduced in House Introduced in House

House bill HR4028-118

Territories Medicare Prescription Drug Assistance Equality Act of 2023

House bill HR4028-118

Territories Medicare Prescription Drug Assistance Equality Act of 2023

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