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Bill > HR4138


US HR4138

Medicare Drug Price Negotiation Act


summary

Introduced
10/26/2017
In Committee
10/27/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Medicare Drug Price Negotiation Act

AI Summary

This bill, the Medicare Drug Price Negotiation Act, would require the Secretary of Health and Human Services to negotiate lower prices for certain high-cost or high-utilization Medicare Part D drugs. The Secretary would establish a formulary for required use by prescription drug plans and Medicare Advantage plans, and would require drug manufacturers to provide rebates for drugs dispensed to low-income Medicare beneficiaries. The bill aims to achieve lower drug prices for Medicare beneficiaries and the Medicare program through these measures.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (22)

Last Action

Referred to the Subcommittee on Health. (on 10/27/2017)

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