On the recordJune 28, 2000
this bill guarantees that at least two plans will be available in each area. In fact, the Medicare Benefits Administrator would administer the program in a manner such that all eligible individuals would be assured of the availability of at least two qualifying plan options in their area of residence, at least one of which is a drug plan. If necessary to ensure such access, the Administrator would be authorized to provide financial incentives, including the partial underwriting of risk, for a PDP sponsor to expand its service area under an existing prescription drug plan to adjoining or additional areas, or to establish such a plan (including offering such plan on a regional or nationwide basis). It would be written in the statute that all participating seniors will be guaranteed at least two plans from which to choose.
Source
govinfo.gov
