Strategic choices for managed care plans under the Modernization Act of 2003.

Abstract

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 will profoundly reform an archaic Medicare system that serves more than 41 million Americans who are elderly, disabled, or suffer from end-stage renal disease. The primary driver of this change, in the near- and far-term, will be the Medicare managed care plans that currently serve 4.7 million beneficiaries.