Bill
Bill > S1688
summary
Introduced
08/01/2017
08/01/2017
In Committee
08/01/2017
08/01/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2017 This bill amends title XVIII (Medicare) of the Social Security Act to allow 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 2017, amends the Social Security Act to allow the Centers for Medicare & Medicaid Services (CMS) to negotiate drug prices under the Medicare prescription drug benefit (Part D). Specifically, the bill removes the current prohibition on CMS negotiating drug prices, which would enable the agency to establish a price structure for the reimbursement of drugs covered under the Medicare Part D program.
Committee Categories
Budget and Finance
Sponsors (36)
Amy Klobuchar (D)*,
Tammy Baldwin (D),
Michael Bennet (D),
Richard Blumenthal (D),
Cory Booker (D),
Sherrod Brown (D),
Maria Cantwell (D),
Ben Cardin (D),
Catherine Cortez Masto (D),
Tammy Duckworth (D),
Al Franken (D),
Kirsten Gillibrand (D),
Kamala Harris (D),
Maggie Hassan (D),
Martin Heinrich (D),
Mazie Hirono (D),
Tim Kaine (D),
Angus King (I),
Patrick Leahy (D),
Joe Manchin (I),
Claire McCaskill (D),
Jeff Merkley (D),
Chris Murphy (D),
Patty Murray (D),
Bill Nelson (D),
Jack Reed (D),
Chuck Schumer (D),
Jeanne Shaheen (D),
Tina Smith (D),
Debbie Stabenow (D),
Tom Udall (D),
Chris Van Hollen (D),
Mark Warner (D),
Elizabeth Warren (D),
Sheldon Whitehouse (D),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on Finance. (on 08/01/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/1688/all-info |
| BillText | https://www.congress.gov/115/bills/s1688/BILLS-115s1688is.pdf |
| Bill | https://www.congress.gov/115/bills/s1688/BILLS-115s1688is.pdf.pdf |
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