3.0.0 345 2019-11-15T21:52:31Z 2019-11-15T21:52:31Z Senate S S 2005-02-10 109 ssfi00 Finance Committee Senate Standing Referred to 2005-02-10T18:54:16Z Medicare Prescription Drug Savings and Choice Act of 2005 109 752 HR 2005-02-25 Referred to the Subcommittee on Health. Related bill CRS Medicare Prescription Drug Savings and Choice Act of 2005 109 873 S 2005-09-27 Sponsor introductory remarks on measure. (CR S10525-1052 6) Identical bill CRS 2005-09-27 Sponsor introductory remarks on measure. (CR S10525-10526) IntroReferral B00100 9 Library of Congress 2005-02-10 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1273) IntroReferral 2005-02-10 Sponsor introductory remarks on measure. (CR S1272-1273) IntroReferral B00100 9 Library of Congress 2005-02-10 Introduced in Senate IntroReferral 10000 9 Library of Congress D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. N S001163 Sen. Salazar, Ken [D-CO] Ken Salazar D CO 2005-03-08 False K000105 Sen. Kennedy, Edward M. [D-MA] EDWARD KENNEDY D MA MOORE 2006-02-13 False L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON 2006-02-28 False J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2006-06-14 False S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2006-06-27 False Health Commerce Drug industry Drugs Finance and Financial Sector Insurance premiums Medical economics Medicare Prescription pricing Social Welfare Health 00 2005-02-10 Introduced in Senate 2005-03-25T17:54:47Z Medicare Prescription Drug Savings and Choice Act of 2005 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services to: (1) offer one or more Medicare operated prescription drug plans nationally that offer qualified prescription drug coverage and access to negotiated prices, while allowing the plan to offer supplemental prescription drug coverage in the same manner as other qualified prescription drug coverage offered by other prescription drug plans; and (2) enter into negotiations with pharmaceutical manufacturers to reduce the purchase cost of covered Medicare part D drugs for eligible part D individuals, and encourage the use of more affordable therapeutic equivalents.

Requires the monthly beneficiary premium charged under such a plan to be uniform nationally. Makes the premium for months in 2006 $35. Bases the premium for months in succeeding years on the average monthly per capita actuarial cost of offering the Medicare operated prescription drug plan for the year involved, including administrative expenses. Allows for adjustment of such premium amount in case of supplemental prescription drug coverage.


]]> Medicare Prescription Drug Savings and Choice Act of 2005 Short Titles as Introduced Medicare Prescription Drug Savings and Choice Act of 2005 Display Title Medicare Prescription Drug Savings and Choice Act of 2005 Official Title as Introduced A bill to amend title XVIII of the Social Security Act to deliver a meaningful benefit and lower prescription drug prices under the medicare program. Introduced in Senate 2005-02-10T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s345is/xml/BILLS-109s345is.xml 2005-09-27 Sponsor introductory remarks on measure. (CR S10525-10526) 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.