Respuesta :
The Medicare modernization act of 2003 mandated the creation of a new PPS for ASC services between 2006 and 2008.
What is Medicare modernization act?
- One of the most significant changes to the Medicare program was made in 2003 with the passage of the Medicare Modernization Act (MMA).
- Among other things, it established the contemporary Medicare Advantage program and prescription drug coverage.
- Furthermore, it created premium adjustments for individuals with low incomes and high incomes.
- By decreasing pharmaceutical reimbursement rates and health system revenues and raising prescription drug copayments, ER visits, and hospital admissions, the implementation of MMA has had an impact on every aspect of healthcare.
- These are independent plans that can be acquired from independent insurance providers.
- Prescription drug plans (PDPs) offer coverage for medications, including some vaccines.
- Prescription drug coverage is not offered under Original Medicare.
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