172

Ask AI
Amendment Number
172
Purpose
To establish a prescription drug benefit under Title XVIII of the Social Security Act, without using funds generated from either the Medicare or Social Security surpluses, that is voluntary; accessible to all beneficiaries; designed to assist beneficiaries with the high cost of prescription drugs, protect them from excessive out of pocket costs, and give them bargaining power in the marketplace; affordable to all beneficiaries and the program; administered using private sector entities and competitive purchasing techniques; and consistent with broader Medicare reform.
Congress
107
Type
SAMDT
Latest Action Date
Apr 3, 2001
Latest Action Text
Amendment SA 172 not agreed to in Senate by Yea-Nay Vote. 50 - 50. Record Vote Number: 66.
Proposed Date
Apr 3, 2001
Submitted Date
Apr 3, 2001
Chamber
Senate
Update Date
Aug 15, 2021
Amendment 172 — Informed