Bill

Bill > HR242


US HR242

Medicare Prescription Drug Price Negotiation Act of 2017


summary

Introduced
01/04/2017
In Committee
01/25/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Medicare Prescription Drug Price Negotiation Act of 2017 This bill amends title XVIII (Medicare) of the Social Security Act to require the Centers for Medicare & Medicaid Services (CMS) to negotiate with pharmaceutical companies regarding prices for drugs covered under the Medicare prescription drug benefit. Current law prohibits CMS from doing so.

AI Summary

This bill, the Medicare Prescription Drug Price Negotiation Act of 2017, amends the Social Security Act to require the Centers for Medicare & Medicaid Services (CMS) to negotiate drug prices with pharmaceutical companies for drugs covered under the Medicare prescription drug benefit. Under current law, CMS is prohibited from directly negotiating these drug prices. The bill specifies that the Secretary of Health and Human Services must negotiate lower drug prices, but does not allow the Secretary to establish or require a particular drug formulary. The bill also requires the Secretary to submit semi-annual reports to Congress on the negotiations and prices achieved.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (46)

Peter Welch (D)* Earl Blumenauer (D),  Salud Carbajal (D),  Matt Cartwright (D),  Kathy Castor (D),  David Cicilline (D),  Steve Cohen (D),  Elijah Cummings (D),  Peter DeFazio (D),  Rosa DeLauro (D),  Theodore Deutch (D),  Michael Doyle (D),  Keith Ellison (D),  Tulsi Gabbard (D),  Ruben Gallego (D),  John Garamendi (D),  Raúl Grijalva (D),  Jared Huffman (D),  Sheila Jackson-Lee (D),  Marcy Kaptur (D),  Ro Khanna (D),  James Langevin (D),  Daniel Lipinski (D),  David Loebsack (D),  Zoe Lofgren (D),  Ben Ray Luján (D),  Michelle Lujan Grisham (D),  Stephen Lynch (D),  Sean Maloney (D),  Betty McCollum (D),  Donald Payne (D),  Chellie Pingree (D),  Mark Pocan (D),  Jamie Raskin (D),  Francis Rooney (R),  Raul Ruiz (D),  Bobby Rush (D),  Tim Ryan (D),  John Sarbanes (D),  Jan Schakowsky (D),  Brad Sherman (D),  Louise Slaughter (D),  Tom Suozzi (D),  Mark Takano (D),  Peter Visclosky (D),  Debbie Wasserman Schultz (D), 

Last Action

Referred to the Subcommittee on Health. (on 01/25/2017)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...