3.0.0 1206 2023-01-11T13:22:54Z 2023-01-11T13:22:54Z Senate S S 2011-06-15 112 ssfi00 Finance Committee Senate Standing Referred to 2011-06-15T20:59:30Z Medicare Drug Savings Act of 2011 112 2190 HR 2011-06-23 Referred to the Subcommittee on Health. Identical bill CRS 2011-06-15 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-06-15 Sponsor introductory remarks on measure. (CR S3836) IntroReferral B00100 9 Library of Congress 2011-06-15 Introduced in Senate IntroReferral 10000 9 Library of Congress R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV N B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS 2011-06-15 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2011-06-15 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2011-06-15 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2011-06-15 True B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2011-06-15 True F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2011-06-15 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2011-06-15 True S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2011-06-16 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2011-06-16 False L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2011-06-20 False U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM 2011-06-22 False K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. 2011-07-18 False W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2011-11-28 False Health Health care costs and insurance Medicaid Medicare Prescription drugs Public contracts and procurement Retail and wholesale trades Health 00 2011-06-15 Introduced in Senate 2011-10-03T15:14:23Z Medicare Drug Savings Act of 2011 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act (SSA) to require drug manufacturers to pay the Secretary of Health and Human Services (HHS) drug rebates for rebate eligible (low-income) individuals. Excludes from Medicare coverage as a part D drug any drug or biological manufactured by a manufacturer that has not entered into and have in effect a rebate agreement with the Secretary.

Requires a rebate agreement to require a drug or biological manufacturer to provide to the Secretary a rebate, determined according to a specified formula, for each rebate period ending after December 31, 2011, for any covered Medicare part D drug dispensed after that date to any rebate eligible individual for which payment was made by a prescription drug plan (PDP) sponsor or MedicareAdvantage (MA) organization for such period.

Specifies a formula for determination of Medicaid rebate amounts for such drugs or biologicals.

Amends SSA title XIX (Medicaid) to exclude any amounts paid under a rebate agreement from the determination of best price and average manufacturer price under the Medicaid program.

]]> Medicare Drug Savings Act of 2011 Display Title Medicare Drug Savings Act of 2011 Official Title as Introduced A bill to amend title XVIII of the Social Security Act to require drug manufacturers to provide drug rebates for drugs dispensed to low-income individuals under the Medicare prescription drug benefit program. Introduced in Senate IS Short Titles as Introduced Medicare Drug Savings Act of 2011 Introduced in Senate 2011-06-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1206is/xml/BILLS-112s1206is.xml 2011-06-15 Read twice and referred to the Committee on Finance. 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.