3.0.0 1909 2023-01-11T13:49:58Z 2023-01-11T13:49:58Z Senate S 2021-05-27 117 ssfi00 Finance Committee Senate Standing Referred to 2021-05-27T20:18:47Z Pharmacy DIR Reform To Reduce Senior Drug Costs Act 117 3554 HR 2021-05-26 Referred to the Subcommittee on Health. Identical bill CRS 2021-05-27 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-05-27 Introduced in Senate IntroReferral 10000 9 Library of Congress T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT N C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2021-05-27 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2021-05-27 True L000575 Sen. Lankford, James [R-OK] James Lankford R OK 2021-05-27 True M001198 Sen. Marshall, Roger [R-KS] Roger Marshall R KS 2021-06-10 False H001079 Sen. Hyde-Smith, Cindy [R-MS] Cindy Hyde-Smith R MS 2021-06-10 False B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2021-06-15 False C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2021-06-15 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2021-06-17 False C001096 Sen. Cramer, Kevin [R-ND] Kevin Cramer R ND 2021-06-17 False 2021-06-22 W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2021-06-24 False M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV 2021-07-21 False I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2021-09-21 False K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2021-10-21 False E000295 Sen. Ernst, Joni [R-IA] Joni Ernst R IA 2021-12-07 False Health Health care costs and insurance Health care quality Inflation and prices Medicare Performance measurement Prescription drugs Health 00 2021-05-27 Introduced in Senate 2021-11-02T19:50:20Z Pharmacy DIR Reform To Reduce Senior Drug Costs Act

This bill establishes certain requirements for prescription drug plans and the prices of covered drugs under the Medicare prescription drug benefit.

Specifically, the bill requires price concessions, payments, and fees that are negotiated with a pharmacy to be included in a drug's negotiated price, excluding incentive payments, and for this price to be provided at the point of sale. Additionally, prescription drug plans must report price concessions or incentive payments that are made after payment for covered drugs at the point of sale, including by contracted intermediaries, to the pharmacy at least annually.

The Centers for Medicare & Medicaid Services must establish standardized pharmacy performance measures with respect to incentive payments and price concessions; such measures must account for all pharmacy types, including specialty pharmacies, and focus on patient health outcomes and other targeted areas.

]]> Pharmacy DIR Reform To Reduce Senior Drug Costs Act Display Title Pharmacy DIR Reform To Reduce Senior Drug Costs Act Official Title as Introduced A bill to amend title XVIII of the Social Security Act to reform requirements with respect to direct and indirect remuneration under Medicare part D, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Pharmacy DIR Reform To Reduce Senior Drug Costs Act Introduced in Senate IS Introduced in Senate 2021-05-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s1909is/xml/BILLS-117s1909is.xml 2021-05-27 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.