Capital Hill Watch
Drug and Modernization Act of 2003 (H.R. 2473 )
House of Representatives is expected to vote as early as Wednesday,
June 25, 2003, on the Medicare Prescription Drug and Medicare Modernization
Act of 2003 (H.R. 2473 ).
To view: Full Text of Legislation)
measure is an enactment of a huge new entitlement program that is aimed
at middle-income Americans. Unfortunately,
H.R. 2473 avoids prudent reform and sensible budget control. Instead it imposes staggering financial burdens
on current and future generations.
It also reduces choice and innovation.
For example, seniors will require $1.6 trillion worth of prescription
drugs over the next decade, and according to the plan over that period,
no more than $400 billion will be provide.
It is easy to see that this measure is just the beginning of
another out-of control entitlement program at the expense of the hard
working over taxed American worker.
monthly cost for such a prescription drug policy to a retiree would
be about $35. Key aspects of
the measure are:
- A $250 deductible must be spent by an individual
prior to the start of benefits.
- From $251 to $2,000 Medicare will pay 80 percent
of the drug cost.
- After spending exceeds $3,500 out-of-pocket
expenses, catastrophic protection will cover 100 percent of the costs.
Can You Do?
representative to NOT SUPPORT
Drug and Medicare Modernization Act of 2003 (H.R.
Hill Switchboard Numbers: 202-225-3121 or 202-224-3121 (Those numbers
will direct you to the Capitol Hill operator. Ask for your representative's
To go to
your representative's website, find his E-mail or to find out who your
representatives are... http://www.house.gov/house/MemberWWW.html
mail your U.S. House of Representative, go to http://www.house.gov/htbin/wrep_findrep.
United States House of Representatives
Washington, DC 20515
to the American Voice Institute of Public Policy Home Page