Bill > HR7718

This bill aims to amend the Social Security Act to ensure Medicare beneficiaries have access to and choice of pharmacies. The key provisions include: 1) Requiring prescription drug plan (PDP) sponsors to allow any pharmacy that meets the standard contract terms and conditions to participate as a network pharmacy. 2) Requiring the Secretary of Health and Human Services to establish standards for "reasonable and relevant" contract terms and conditions between PDP sponsors and network pharmacies by April 2027. 3) Directing the Secretary to issue a request for information by January 2025 to gather input on current contracting practices, pharmacy costs, and other factors to help determine the reasonableness and relevance of contract terms. The goal is to ensure Medicare beneficiaries have access to a wider choice of pharmacies and that the contract terms between PDPs and pharmacies are fair and cover the pharmacies' costs.

Business and Industry, Health and Social Services

https://www.congress.gov/bill/118th-congress/house-bill/7718/all-info