1. Regulations
  2. title 42
  3. chapter IV-i1
  4. part 423
  5. subpart R
  6. § 423.880

View all text of Subpart R [§ 423.880 - § 423.894]

§ 423.880 - Basis and scope.

(a) Basis. This subpart is based on section 1860D-22 of the Act, as amended by section 101 of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA).

(b) Scope. This section implements the statutory requirement that a subsidy payment be made to sponsors of qualified retiree prescription drug plans.

AUTHORITY: 42 U.S.C. 1302, 1306, 1395w-101 through 1395w-152, and 1395hh.

SOURCE: 70 FR 4525, Jan. 28, 2005, unless otherwise noted.

CITE AS: 42 CFR 423.880