In what year was the Medicare Modernization Act enacted?

The Medicare Modernization Act was enacted in 2003 and represents a significant reform of the Medicare program. This legislation introduced several key changes, most notably the creation of Medicare Part D, which provides prescription drug coverage for Medicare beneficiaries. The Act aimed to enhance the benefits and services available to seniors and individuals with disabilities, addressing rising healthcare costs and the need for comprehensive prescription drug coverage. The 2003 date is pivotal as it marked a transformation in how Medicare participants could access medications and manage their prescriptions, thus impacting millions of American lives.