To provide that the actuarial value of the prescription drug benefits offered to Medicare eligible enrollees by a plan under the Federal employees health benefits program shall be at least equal to the actuarial value of the prescription drug benefits offered by such plan to its enrollees generally.

        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2631 Referred in Senate (RFS)]

1st Session
H. R. 2631

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

July 9, 2003

Received; read twice and referred to the Committee on Governmental
Affairs

_______________________________________________________________________

AN ACT

To provide that the actuarial value of the prescription drug benefits
offered to Medicare eligible enrollees by a plan under the Federal
employees health benefits program shall be at least equal to the
actuarial value of the prescription drug benefits offered by such plan
to its enrollees generally.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. NEGOTIATIONS BY THE OFFICE OF PERSONNEL MANAGEMENT.

Section 8902 of title 5, United States Code, is amended by adding
at the end the following:
``(p)(1) A contract may not be made or a plan approved which does
not offer to Medicare eligible enrollees prescription drug benefits the
actuarial value of which is at least equal to the actuarial value of
the prescription drug benefits which are offered to enrollees under the
plan generally.
``(2) For purposes of this subsection, the Director of the Office
of Personnel Management shall establish processes and methods for
determining the actuarial value of prescription drug benefits.''.

SEC. 2. EFFECTIVE DATE.

The amendment made by section 1 shall apply with respect to
contract years beginning after the date of enactment of this Act.

Passed the House of Representatives July 8, 2003.

Attest:

JEFF TRANDAHL,

Clerk.