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Home > Federal Government > H.R.4295
Chief Sponsor:

Paul Ryan

Tagged in: Aged, Drugs, Economic policy, Health policy, Income, Insurance premiums, Medical care, Medicare, Medicine, Prescription pricing

Latest Update: Friday, August, 29th 2008

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To amend title XVIII of the Social Security Act to require wealthy beneficiaries to pay a greater share of their premiums under the Medicare prescription drug program.

12/5/2007--Introduced.

Reforming an Entitlement through Premium Adjustments based on Income Resources (REPAIR) Act of 2007 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to require an income-related reduction in the part D premium subsidy.

Declares that, in the case of an individual whose modified adjusted gross income exceeds a certain applicable threshold amount for a month after December 2008, the monthly amount of the part D premium subsidy shall be reduced (and the monthly beneficiary premium shall be increased) by the monthly adjustment amount determined according to a specified formula.
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Latest Actions
  • 12/05/2007 - Referred to the Subcommittee on Health.
  • 12/05/2007 - Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 12/05/2007 - Referred to House Energy and Commerce
  • 12/05/2007 - Referred to House Ways and Means
Bill Text
File name Last Updated
H.R.4295 Introduced in House01/09/2008