3.0.0 445 2019-11-15T21:52:32Z 2019-11-15T21:52:32Z Senate S S 2005-02-17 109 ssfi00 Finance Committee Senate Standing Referred to 2005-02-17T22:08:26Z Medicare's Equitable Drugs for Seniors Act of 2005 109 376 HR 2005-02-25 Referred to the Subcommittee on Health. Related bill CRS 2005-02-17 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1659) IntroReferral 2005-02-17 Sponsor introductory remarks on measure. (CR S1658) IntroReferral B00100 9 Library of Congress 2005-02-17 Introduced in Senate IntroReferral 10000 9 Library of Congress S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI N C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2005-02-17 True K000105 Sen. Kennedy, Edward M. [D-MA] EDWARD KENNEDY D MA MOORE 2005-02-17 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2005-02-17 True B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS 2005-02-17 True J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2005-02-17 True B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2005-03-11 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2005-04-05 False K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. 2005-04-05 False H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2005-09-06 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2006-01-18 False L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2006-12-05 False Health Commerce Cost control Drug industry Finance and Financial Sector Government Operations and Politics Health insurance Health maintenance organizations Medical economics Medicare Prescription pricing Quality of care Social Welfare Health 00 2005-02-17 Introduced in Senate 2005-03-25T17:39:10Z Medicare Prescription Drug Price Reduction Act of 2005 - Amends title XVIII (Medicare) of the Social Security Act to repeal provisions prohibiting the Secretary of Health and Human Services from: (1) interfering with the negotiations between drug manufacturers and pharmacies and prescription drug plan sponsors; and (2) requiring a particular formulary to institute a price structure for the reimbursement of covered Medicare part D (Voluntary Prescription Drug Benefit Program) drugs.

Grants the Secretary instead, in order to ensure that each part D eligible individual who is enrolled under a prescription drug plan or a Medicare Advantage prescription drug plan pays the lowest possible price, authority similar to that of other Federal entities that purchase prescription drugs in bulk to negotiate contracts with manufacturers of covered Medicare part D drugs, consistent with the requirements and in furtherance of the goals of providing quality care and containing costs under such part.

]]> Medicare Prescription Drug Price Reduction Act of 2005 Short Titles as Introduced Medicare Prescription Drug Price Reduction Act of 2005 Display Title Medicare Prescription Drug Price Reduction Act of 2005 Official Title as Introduced A resolution to amend part D of title XVIII of the Social Security Act, as added by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to provide for negotiation of fair prices for Medicare prescription drugs. Introduced in Senate 2005-02-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s445is/xml/BILLS-109s445is.xml 2005-02-17 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1659) 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.