The Medicare spending bill passed by President George W.Bush and a majority-Republican Congress in 2003

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The Medicare spending bill passed by President George W. Bush and the Republican-controlled Congress in 2003, known as the Medicare Prescription Drug, Improvement, and Modernization Act, increased government spending on Medicare by creating a prescription drug benefit for beneficiaries. It did not diminish long-term costs or decrease the range of services offered, but instead added a new benefit. It also did not dramatically decrease premiums, as beneficiaries were required to pay a monthly premium for the prescription drug benefit. However, it did increase reimbursements to doctors treating Medicare patients.

The Medicare Spending Bill Passed by President George W