Which of the following laws introduced tax breaks and subsidies in relation to prescription drugs?
Omnibus Budget Reconciliation Act
Medicare Prescription Drug, Improvement, and Modernization Act
FDA Modernization Act
Health Insurance Portability and Accountability Act
Medicare Prescription Drug, Improvement, and Modernization Act
Rationale: The Medicare Prescription Drug, Improvement, and Modernization Act introduced tax breaks and subsidies in relation to prescription drugs. The most important component of this act was the introduction of an entitlement benefit for prescription drugs, through tax breaks and subsidies.
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