Congress Approves Medicare Prescription Drug and Modernization Act of 2003

November 26, 2003

The U.S. Senate gave final congressional approval to a $400 billion plan to overhaul Medicare that will bring the most sweeping changes to the federal health insurance program since it was created nearly 40 years ago. Providers, physicians, payors, manufacturers, suppliers, employers and beneficiaries all will be profoundly affected by these changes.

Click here to view a Health Law Update providing an overview of the major components of the bill.

McDermott Will & Emery

McDermott Will and Emery