Issues Surrounding the “Clawback” or State Contributions Towards Medicare Drug Coverage: A Conference Call Discussion
Issues Surrounding the “Clawback” or State Contributions Towards Medicare Drug Coverage: A Conference Call Discussion
As part of the Medicare Prescription Drug, Improvement, and Modernization Act (MMA) of 2003 signed into law last year, Congress included a financing provision that requires a monthly payment from each state to the Medicare program beginning in January 2006. MMA’s clawback provision will recapture most of the savings that states would realize when Medicare assumes prescription drug costs for dual eligibles.
The Kaiser Commission on Medicaid and the Uninsured and the National Association of State Medicaid Directors are sponsoring a conference call to discuss the clawback’s implications on states, the federal government, and low-income Medicare beneficiaries, as well as to answer questions.
The conference call-in number is (800) 353-6469. Password: KCMU. Please call a few minutes early to secure a line (let the phone ring) to get through to the call.
Formula for Determining Monthly State Clawback Payments
Issue Brief – The “Clawback:” State Financing of Medicare Drug Coverage
Issue Brief – Medicaid Prescription Drug Spending and Use