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Prescription Drug Discount Card Program

A program developed by the Medicare Modernization Act of 2003 that offers eligible Medicare beneficiaries access to discount prices (10 to 25 percent) on a variety of prescription drugs. The program offers certain low-income individuals a $600 per year subsidy towards drug coverage.

Community Rating

Setting premiums the same for all insurance applicants. “Modified community rating” refers to organizations changing premiums based on demographic characteristics, such as age, but cannot…