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US S62

US S62
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2019


summary

Introduced
01/09/2019
In Committee
01/09/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to amend title XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program. This bill allows the Centers for Medicare & Medicaid Services to (1) negotiate drug prices under the Medicare prescription drug benefit, and (2) institute a price structure for the reimbursement of drugs covered under the benefit.

AI Summary

This bill, the Empowering Medicare Seniors to Negotiate Drug Prices Act of 2019, amends the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under the Medicare Part D program. Specifically, it removes the existing prohibition on the Centers for Medicare & Medicaid Services (CMS) negotiating drug prices and allows CMS to institute a price structure for the reimbursement of drugs covered under the Medicare prescription drug benefit.

Committee Categories

Budget and Finance

Sponsors (35)

Last Action

Read twice and referred to the Committee on Finance. (on 01/09/2019)

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