Medicare Drug Price Negotiation Act

3.0.0 2139 2023-01-11T13:48:04Z 2023-01-11T13:48:04Z House HR 2021-03-23 117 [Congressional Record Volume 167, Number 54 (Tuesday, March 23, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DOGGETT:H.R. 2139.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I of the United StatesConstitution.[Page H1621]]]> hsif00 Energy and Commerce Committee House Standing hsif14 Health Subcommittee Referred to 2021-03-24T15:21:53Z Referred to 2021-03-23T15:06:30Z hswm00 Ways and Means Committee House Standing hswm02 Health Subcommittee Referred to 2021-03-23T16:39:53Z Referred to 2021-03-23T15:06:35Z Medicare Drug Price Negotiation Act 117 908 S 2021-03-23 Committee on Health, Education, Labor, and Pensions Subcommittee on Primary Health and Retirement Security. Hearings held. Identical bill CRS 2021-03-24 hsif14 Health Subcommittee 1 House committee actions Referred to the Subcommittee on Health. Committee 2021-03-23 hswm02 Health Subcommittee 1 House committee actions Referred to the Subcommittee on Health. Committee 2021-03-23 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 concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-03-23 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 concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2021-03-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-03-23 Introduced in House IntroReferral 1000 9 Library of Congress D000399 Rep. Doggett, Lloyd [D-TX-35] LLOYD DOGGETT D TX 35 N W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2021-03-23 True B001224 Rep. Bush, Cori [D-MO-1] Cori Bush D MO 1 2021-03-23 True K000389 Rep. Khanna, Ro [D-CA-17] Ro Khanna D CA 17 2021-03-23 True P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2021-03-23 True J000298 Rep. Jayapal, Pramila [D-WA-7] Pramila Jayapal D WA 7 2021-03-23 True C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2021-03-23 True D000216 Rep. DeLauro, Rosa L. [D-CT-3] ROSA DELAURO D CT 3 2021-03-23 True T000481 Rep. Tlaib, Rashida [D-MI-13] Rashida Tlaib D MI 13 2021-03-23 True W000797 Rep. Wasserman Schultz, Debbie [D-FL-23] Debbie Wasserman Schultz D FL 23 2021-03-23 True N000191 Rep. Neguse, Joe [D-CO-2] Joe Neguse D CO 2 2021-03-23 True O000173 Rep. Omar, Ilhan [D-MN-5] Ilhan Omar D MN 5 2021-03-23 True S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2021-03-23 True D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2021-03-23 True D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 2021-04-14 False G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2021-04-14 False K000394 Rep. Kim, Andy [D-NJ-3] Andy Kim D NJ 3 2021-04-14 False W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 2021-06-16 False G000586 Rep. Garcia, Jesus G. "Chuy" [D-IL-4] Jesus Garcia D IL G. 4 2021-06-16 False B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2021-06-16 False L000592 Rep. Levin, Andy [D-MI-9] Andy Levin D MI 9 2021-06-16 False J000306 Rep. Jones, Mondaire [D-NY-17] Mondaire Jones D NY 17 2021-06-16 False L000581 Rep. Lawrence, Brenda L. [D-MI-14] Brenda Lawrence D MI L. 14 2021-06-23 False Y000062 Rep. Yarmuth, John A. [D-KY-3] John Yarmuth D KY A. 3 2021-06-30 False G000587 Rep. Garcia, Sylvia R. [D-TX-29] Sylvia Garcia D TX R. 29 2021-08-24 False Health Congressional oversight Government information and archives Government studies and investigations Health care costs and insurance Inflation and prices Medicaid Medicare Prescription drugs Public contracts and procurement Retail and wholesale trades Health

00 2021-03-23 Introduced in House 2021-07-19T22:00:32Z Medicare Drug Price Negotiation Act

This bill makes a series of changes relating to the prices of prescription drugs under the Medicare prescription drug benefit and Medicare Advantage (MA) prescription drug plans (PDPs).

Under current law, the Centers for Medicare & Medicaid Services (CMS) may neither negotiate the prices of covered drugs nor establish a formulary. The bill repeals these restrictions and instead specifically requires the CMS to (1) negotiate the prices of covered drugs; and (2) either establish a formulary for covered drugs, or require changes to PDP formularies that take into account CMS negotiations.

If the CMS is unable to negotiate an appropriate price for a drug in accordance with certain criteria, the price must be the lowest of three specified options (e.g., the median price in other countries). The CMS must identify drugs that are subject to negotiation, with priority given to certain categories of drugs based on usage and cost.

Additionally, drug manufacturers must issue rebates to the CMS for drugs dispensed to eligible low-income individuals. Subject to civil monetary penalties, a Medicare or MA PDP sponsor must report, both to drug manufacturers and to the CMS, specified information related to the determination and payment of such rebates.

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Medicare Drug Price Negotiation Act Display Title Medicare Drug Price Negotiation Act Official Title as Introduced To amend title XVIII of the Social Security Act to provide for the negotiation of lower covered part D drug prices on behalf of Medicare beneficiaries and the establishment and application of a formulary by the Secretary of Health and Human Services under Medicare part D, and for other purposes. Introduced in House IH Short Title(s) as Introduced Medicare Drug Price Negotiation Act Introduced in House IH Introduced in House 2021-03-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2139ih/xml/BILLS-117hr2139ih.xml 2021-03-24 Referred to the Subcommittee on Health. 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.