118 HR 7512 IH: Real-Time Benefit Tool Implementation Act U.S. House of Representatives 2024-03-01 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 7512IN THE HOUSE OF REPRESENTATIVESMarch 1, 2024Mr. Arrington (for himself and Mr. Panetta) introduced the following bill; which was 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 concernedA BILLTo amend title XVIII of the Social Security Act to ensure implementation of real-time benefit tools under part D of the Medicare program.

1.

Short title

This Act may be cited as the Real-Time Benefit Tool Implementation Act.

2.

Ensuring implementation of real-time benefit tools under part D of the Medicare program

Section 1860D–4(o) of the Social Security Act (42 U.S.C. 1395w–104) is amended by striking paragraph (1) and inserting the following:(1)

In general

Not later than January 1, 2027, a PDP sponsor of a prescription drug plan shall implement one or more electronic real-time benefit tools that meet the requirements described in paragraph (2)..