S. 2629 · 108th Congress

Closing the Coverage Gap Act of 2004

Stage
Introduced
Introduced
2004-07-08
Latest action
2004-07-09 · Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 621.

Summary

Closing the Coverage Gap Act of 2004 - Amends title XVIII (Medicare) of the Social Security Act, as amended by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to eliminate: (1) the initial standard prescription drug coverage limit of $2,250 (adjusted for inflation); and (2) the MedicareAdvantage regional plan stabilization fund.

Repeals the Premium Support Demonstration Program.

Eliminates Health Savings Accounts under the Medicare Prescription Drug, Improvement, and Modernization Act of 2003.