fallback prescription drug plan
Defined in 1 place of the United States Code.
For purposes of this part, the term “fallback prescription drug plan” means a prescription drug plan that—
(A) only offers the standard prescription drug coverage and access to negotiated prices described in section 1395w–102(a)(1)(A) of this title and does not include any supplemental prescription drug coverage; and
(B) meets such other requirements as the Secretary may specify.
Source
- 2003–present42 U.S.C. § 1395WThe Public Health and Welfare · PDP regions; submission of bids; plan approval · for purposes of this part
The term "fallback prescription drug plan" has the meaning given such term in section 1395w–111(g)(4) of this title.
Source
- 2003–present42 U.S.C. § 1395WThe Public Health and Welfare · Definitions; treatment of references to provisions in part C · for purposes of this part