The Medicare Prescription Drug, Improvement and Modernization Act: Regulatory Changes Beyond the Prescription Drug Benefit

July 13, 2004 Advisory

The new Medicare Prescription Drug, Improvement and Modernization Act (MMA), signed by President Bush on December 8, 2003, has been described as the most significant restructuring of the Medicare program since Medicare's enactment in 1965. Although attention has focused on the prescription drug benefit authorized by this law (the new "Part D" of Medicare), other lesser-known provisions in the MMA will affect the day-to-day operations of health care providers. This Advisory highlights a few of these important changes.

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