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- S.1699
S.1699: Prescription Drug Cost Reduction Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about health
- Introduced Oct. 12, 2011
- Latest Major Action Oct. 12, 2011
Bill Sponsor
Bill Summary
Prescription Drug Cost Reduction Act - Amends title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services (HHS) to establish a program requiring a manufacturer to provide a rebate to the Secretary for drugs or biologicals furnished under Medicare part B (Supplementary Medical Insurance). Requires the Secretary to negotiate a contract with a manufacturer to establish the amount of payment under...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Oct. 12, 2011 |
Introduced in the Senate by Herb Kohl (D-Wis.) |