S.99: Medicare Drug Price Negotiation Act

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Bill Summary

Medicare Drug Price Negotiation Act This bill makes a series of changes relating to the prices of prescription drugs under the Medicare prescription drug benefit and Medicare Advantage (MA) prescription drug plans (PDPs). Under current law, the Centers for Medicare & Medicaid Services (CMS) may neither negotiate the prices of covered drugs nor establish a formulary. The bill repeals these restrictions and instead specifically requires the CMS...

(Source: Library of Congress)

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There are 71 statements associated with S.99.

Bill Actions

Date Description
Jan. 10, 2019
Read twice and referred to the Committee on Finance.
Jan. 10, 2019

Introduced in the Senate by Bernard Sanders (ID-Vt.)

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