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<classification authority="sudocs">GA 1.13:GAO-07-572</classification>
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 <subject>Beneficiaries</subject>
 <subject>Elderly persons</subject>
 <subject>Employee benefit plans</subject>
 <subject>Health insurance</subject>
 <subject>Health surveys</subject>
 <subject>Medicare</subject>
 <subject>Prescription drugs</subject>
 <subject>Program evaluation</subject>
 <subject>Retirement benefits</subject>
 <subject>Medicare Part D</subject>
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<titleInfo>
 <title>Retiree Health Benefits: Majority of Sponsors Continued to Offer Prescription Drug Coverage and Chose the Retiree Drug Subsidy</title>
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<abstract>The Medicare Prescription Drug, Improvement, and Modernization
Act of 2003 (MMA) created a prescription drug benefit for	 
beneficiaries, called Medicare Part D, beginning in January 2006.
The MMA resulted in options for sponsors of employment-based	 
prescription drug benefits, such as a federal subsidy		 
payment--the retiree drug subsidy (RDS)--when sponsors provide	 
benefits meeting certain MMA requirements to Medicare-eligible	 
retirees. The MMA required GAO to conduct two studies on trends  
in employment-based retiree health coverage and the MMA options  
available to sponsors. The first study, Retiree Health Benefits: 
Options for Employment-Based Prescription Drug Benefits under the
Medicare Modernization Act (GAO-05-205), was published February  
14, 2005. In this second study, GAO determined which MMA	 
prescription drug coverage options sponsors selected, the factors
they considered in selecting these options, and the effect these 
decisions may have on the provision of employment-based health	 
benefits for retirees. GAO identified options that sponsors	 
selected using data from employer benefit surveys and the Centers
for Medicare &amp; Medicaid Services (CMS), the federal agency that  
administers Medicare. To obtain sponsors&apos; views about the factors
they considered and the effects of their decisions, GAO also	 
interviewed private and public sector sponsors and experts.</abstract>
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<identifier type="preferred citation">GAO-07-572</identifier>
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<subject>
 <topic>Beneficiaries</topic>
 <topic>Elderly persons</topic>
 <topic>Employee benefit plans</topic>
 <topic>Health insurance</topic>
 <topic>Health surveys</topic>
 <topic>Medicare</topic>
 <topic>Prescription drugs</topic>
 <topic>Program evaluation</topic>
 <topic>Retirement benefits</topic>
 <topic>Medicare Part D</topic>
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  <title>United States Statutes at Large</title>
  <partNumber>Volume 111 Page 251</partNumber>
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 <identifier type="Statute citation">111 Stat. 251</identifier>
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  <title>United States Statutes at Large</title>
  <partNumber>Volume 117 Page 2066</partNumber>
  <partNumber>Volume 117 Page 2174-2176</partNumber>
  <partNumber>Volume 117 Page 2176</partNumber>
  <partNumber>Volume 117 Page 2180-93</partNumber>
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 <identifier type="Statute citation">117 Stat. 2066</identifier>
 <identifier type="Statute citation">117 Stat. 2174-2176</identifier>
 <identifier type="Statute citation">117 Stat. 2176</identifier>
 <identifier type="Statute citation">117 Stat. 2180-93</identifier>
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 <titleInfo>
  <title>United States Statutes at Large</title>
  <partNumber>Volume 120 Page 2922</partNumber>
</titleInfo>
 <identifier type="Statute citation">120 Stat. 2922</identifier>
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  <title>United States Public Law 33 (105th Congress)</title>
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  <title>United States Public Law 432 (109th Congress)</title>
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