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- S.908
S.908: Medicare Drug Price Negotiation Act
About This Bill
- This bill was introduced in the 117th Congress
- This bill is primarily about health
- Introduced March 23, 2021
- Latest Major Action March 23, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Version
- Introduced in Senate - March 23, 2021
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)
Bill Actions
Date | Description |
---|---|
March 23, 2021 |
Committee on Health, Education, Labor, and Pensions Subcommittee on Primary Health and Retirement Security. Hearings held.
|
March 23, 2021 |
Read twice and referred to the Committee on Finance.
|
March 23, 2021 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |