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Senator Byrd's
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Making Medicines Affordable
Senator Byrd Focuses on Medicare Prescription Drug Coverage

The Medicare Prescription Drug Coverage Act

My legislation would make the Medicare prescription drug benefit comprehensive.  After an annual $250 deductible is met, there would be no limits or caps on the benefit, and no gaps in coverage.  Medicare's contribution would increase as beneficiary out-of-pocket costs increase.  The beneficiary would pay:

  • Half of the cost of each prescription above the deductible, up to $3,500;
  • 25 percent of the cost of each prescription above $3,500 up to $4,000; and
  • Nothing after paying $4,000 out-of-pocket..

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