3.0.0 3013 2022-10-28T01:46:00Z 2022-10-28T01:46:00Z Senate S 2019-12-10 116 ssfi00 Finance Committee Senate Standing Referred to 2019-12-10T22:57:06Z Lower Costs, More Cures Act of 2019 116 19 HR 2019-12-19 Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. Related bill CRS Lower Costs, More Cures Act of 2019 116 3129 S 2019-12-19 Read twice and referred to the Committee on Finance. Related bill CRS 2019-12-10 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-12-10 Introduced in Senate IntroReferral 10000 9 Library of Congress T000461 Sen. Toomey, Patrick [R-PA] Patrick Toomey R PA J. N C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2019-12-10 True K000393 Sen. Kennedy, John [R-LA] John Kennedy R LA Neely 2020-09-15 False Health Government information and archives Health care costs and insurance Health care coverage and access Insurance industry and regulation Medicare Prescription drugs Health 00 2019-12-10 Introduced in Senate 2020-12-11T20:00:45Z Encouraging Innovative Benefit Design to Lower Costs for Seniors Act

This bill allows prescription drug plan (PDP) sponsors under the Medicare prescription drug benefit to offer additional plans in a region.

Specifically, the Centers for Medicare & Medicaid Services (CMS) must update guidance to allow PDP sponsors to offer up to four plans in a region; the CMS may also set a greater limit, as appropriate.

PDP sponsors may offer up to two additional plans beyond this limit if the PDP sponsor ensures that, under at least one of the plans, pharmacy benefit managers do not receive any remuneration unless at least 10% of price reductions received from drug manufacturers are reflected at the point-of-sale or otherwise used to reduce beneficiary cost-sharing.

]]> Encouraging Innovative Benefit Design to Lower Costs for Seniors Act Display Title Encouraging Innovative Benefit Design to Lower Costs for Seniors Act Short Title(s) as Introduced Encouraging Innovative Benefit Design to Lower Costs for Seniors Act Introduced in Senate IS Official Title as Introduced A bill to amend title XVIII of the Social Security Act to allow for the offering of additional prescription drug plans under Medicare part D. Introduced in Senate IS Introduced in Senate 2019-12-10T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3013is/xml/BILLS-116s3013is.xml 2019-12-10 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.