H.R.2714 - A bill to amend title II and XVIII of the Social Security Act to include qualified drugs, requiring a physician's prescription or certification and approved by a formulary committee, among the items and services covered under the hospital insurance program.93rd Congress (1973-1974)
|Sponsor:||Rep. Obey, David R. [D-WI-7] (Introduced 01/23/1973)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 01/23/1973 Referred to House Committee on Ways and Means. (All Actions)|
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Summary: H.R.2714 — 93rd Congress (1973-1974)All Information (Except Text)
Introduced in House (01/23/1973)
Provides, under title XVIII (Medicare) and title II (Old-Age, Survivors' and Disability Insurance) of the Social Security Act, that qualified drugs requiring a physicians prescription or certification shall be included among the items and services covered under the hospital insurance program for the aged at a specified amount of payment.
Establishes, within the Department of Health, Education, and Welfare, a Formulary Committee to compile and publish a Formulary listing the drugs deemed qualified for benefits under this Act, together with maximum allowable costs and additional information concerning such drugs. Makes provisions for selecting drugs for the Formulary.