Lower Drug Costs for Families Act has not moved since its introduction on Mar 27, 2025, with cosponsors, all Democrats
Written by the Congressional Research Service [2]. 111 words.
Lower Drug Costs for Families Act This bill applies certain Medicare prescription drug rebate requirements to prescription drugs that are available under private health insurance. Current law requires drug manufacturers to issue rebates to the Centers for Medicare & Medicaid Services for brand-name drugs without generic equivalents under Medicare that (1) cost $100 or more per year per individual, and (2) for which prices increase faster than inflation. Manufacturers that fail to comply are subject to civil penalties. The bill applies these requirements to prescription drugs that are available in the commercial market under private health insurance. It also indexes rebate calculations to drug prices in 2016 (as opposed to 2021).
- Committees
- Senate Finance Committee
- Policy area
- Health: 122 of 9,357 bills became law, 113th–118th (1.3%)
- Sponsor
- 6 of 421 bills enacted since 2013
- Text versions
- 1: introduced in senate · 1,005 words
- Latest action
- Mar 27, 2025: Read twice and referred to the Committee on Finance.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th H.R. 2554 Lower Drug Costs for Families Act D · Introduced