Reducing Drug Prices for Seniors Act has not moved since its introduction on Feb 12, 2025, with cosponsors split almost evenly between the parties
IntroducedFeb 12, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 63 words.
Reducing Drug Prices for Seniors Act This bill requires the coinsurance amount for covered drugs under the Medicare prescription drug benefit to be based on the actual acquisition cost of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the wholesale acquisition cost of the drug, if the actual acquisition cost is lower.
Context
- Committees
- House Energy and Commerce Committee
House Ways and Means Committee - Policy area
- Health: 122 of 9,357 bills became law, 113th–118th (1.3%)
- Sponsor
- 1 of 52 bills enacted since 2013
- Text versions
- 1: introduced in house · 362 words
- Subjects
- Health care costs and insuranceMedicarePrescription drugs
- Latest action
- Feb 12, 2025: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th S. 2617 Reducing Drug Prices for Seniors Act. D · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]