Share the Savings with Seniors Act has not moved since its introduction on Sep 11, 2025, with cosponsors from both parties
Written by the Congressional Research Service [2]. 112 words.
Share the Savings with Seniors Act This bill limits cost-sharing for chronic care drugs under the Medicare prescription drug benefit. Chronic care drugs include blood glucose regulators other than insulin, anticoagulants, and other categories of drugs as specified in the bill. Specifically, for costs below the annual deductible, the bill caps cost-sharing for chronic care drugs at the net price of the drug (i.e., the negotiated price net of all manufacturer price concessions); for costs above the annual deductible and below the annual out-of-pocket threshold, cost-sharing must be based on a percentage of the drug's net price (if cost-sharing for that drug is tied to the price or cost of the drug).
- Committees
- Senate Finance Committee
- Policy area
- Health: 122 of 9,357 bills became law, 113th–118th (1.3%)
- Sponsor
- 46 of 577 bills enacted since 2013
- Text versions
- 1: introduced in senate · 592 words
- Latest action
- Sep 11, 2025: Read twice and referred to the Committee on Finance.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.