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Medicare Reform: What Will It Mean?
Congress has enacted the most sweeping changes ever made to Medicare by passing the Medicare
Prescription Drug, Improvement and Modernization Act, which was signed into law December 8,
2003. The act provides a prescription drug benefit for Medicare beneficiaries and enacts reforms
intended to encourage more private health plans to offer integrated benefits to seniors. Importing Prescription Drugs from Canada: What Employers Need to Know
Some Americans are saving large amounts of money by purchasing their prescription drugs from
Canada. Although health plan sponsors may find the potential savings attractive, there are good
reasons to steer clear of importing prescription drugs from Canada. Health Savings Accounts Could Promote Consumer-driven Health Care
In addition to its focus on prescription drug benefits and other reforms to Medicare, the Medicare
Prescription Drug, Improvement and Modernization Act creates Health Savings Accounts. These
accounts could promote consumer-driven health care by making high-deductible health plans
more attractive to both employers and individuals.
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