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Territories Medicare Prescription Drug Assistance Equality Act of 2023

12/20/2024, 9:05 AM

Summary of Bill HR 4028

Bill 118 HR 4028, also known as the Territories Medicare Prescription Drug Assistance Equality Act of 2023, aims to address disparities in Medicare prescription drug coverage for residents of US territories. Currently, residents of territories such as Puerto Rico, Guam, the US Virgin Islands, American Samoa, and the Northern Mariana Islands do not have access to the same level of Medicare prescription drug assistance as residents of the 50 states.

The bill seeks to rectify this by providing equal access to Medicare prescription drug assistance for residents of US territories. This would ensure that individuals in these territories have the same opportunities for affordable prescription medications as those living in the states.

The legislation has garnered bipartisan support in Congress, with lawmakers recognizing the importance of ensuring equitable access to healthcare for all Americans, regardless of where they reside. If passed, the Territories Medicare Prescription Drug Assistance Equality Act of 2023 would represent a significant step towards addressing healthcare disparities in US territories and promoting health equity for all residents of the United States.

Congressional Summary of HR 4028

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.

Current Status of Bill HR 4028

Bill HR 4028 is currently in the status of Bill Introduced since June 12, 2023. Bill HR 4028 was introduced during Congress 118 and was introduced to the House on June 12, 2023.  Bill HR 4028's most recent activity was Referred to the Subcommittee on Health. as of December 17, 2024

Bipartisan Support of Bill HR 4028

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4028

Primary Policy Focus

Health

Alternate Title(s) of Bill HR 4028

Territories Medicare Prescription Drug Assistance Equality Act of 2023
Territories Medicare Prescription Drug Assistance Equality Act of 2023
To amend titles XVIII and XIX of the Social Security Act to make premium and cost-sharing subsidies available to low-income Medicare part D beneficiaries who reside in Puerto Rico or another territory of the United States.

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