Bill > HR6401

This bill requires the Secretary of Health and Human Services (HHS) to submit regular reports to Congress about a new option for Medicare Part D enrollees to pay prescription drug cost-sharing through monthly capped amounts. The reports, which must be submitted initially every three months and then annually until March 31, 2031, will include detailed information such as the number of Medicare Part D enrollees who choose this payment option, broken down by census region and plan type (prescription drug plan or Medicare Advantage prescription drug plan), as well as an estimate of how many enrollees might benefit from this option. The reports will also describe HHS's efforts to implement and facilitate this election, including methods of outreach like the Medicare.gov website, the Medicare & You handbook, the 1-800-MEDICARE telephone line, and communications with healthcare providers, patient advocacy groups, pharmacy benefit managers, pharmacies, and health insurance providers. The bill aims to provide Congress with comprehensive insights into the adoption and potential benefits of this new cost-sharing option for seniors, with the ultimate goal of increasing medication affordability and access.

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https://www.congress.gov/bill/119th-congress/house-bill/6401/all-info