3.0.0 2164 2022-12-31T05:26:42Z 2022-12-31T05:26:42Z Senate S 2021-06-22 117 ssfi00 Finance Committee Senate Standing Referred to 2021-06-22T17:24:50Z REFUND Act of 2021 117 1287 S 2021-04-21 Read twice and referred to the Committee on Finance. (text: CR S2126-2127) Related bill CRS Improving Transparency to Lower Drug Costs Act of 2021 117 3682 HR 2021-06-02 Referred to the Subcommittee on Health. Related bill CRS Seniors Saving on Insulin Act 117 2815 S 2021-09-23 Read twice and referred to the Committee on Finance. Related bill CRS Capping Drug Costs for Seniors Act of 2021 117 4417 HR 2021-07-14 Referred to the Subcommittee on Health. Related bill CRS 2021-06-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-06-22 Introduced in Senate IntroReferral 10000 9 Library of Congress C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID N B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2021-06-22 True S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2021-06-22 True D000618 Sen. Daines, Steve [R-MT] Steve Daines R MT 2021-06-22 True R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2021-06-22 True E000295 Sen. Ernst, Joni [R-IA] Joni Ernst R IA 2021-06-22 True M001198 Sen. Marshall, Roger [R-KS] Roger Marshall R KS 2021-06-22 True T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2021-06-22 True H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2022-09-06 False Health Business records Civil actions and liability Congressional oversight Consumer affairs Department of Health and Human Services Digestive and metabolic diseases Drug safety, medical device, and laboratory regulation Drug therapy Executive agency funding and structure Food and Drug Administration (FDA) Fraud offenses and financial crimes Genetics Government information and archives Government studies and investigations Health care costs and insurance Health care coverage and access Health care quality Health personnel Health promotion and preventive care Health technology, devices, supplies Home and outpatient care Inflation and prices Manufacturing Marketing and advertising Medicaid Medical research Medicare Office of the U.S. Trade Representative Prescription drugs Product development and innovation Public participation and lobbying Trade agreements and negotiations Health 00 2021-06-22 Introduced in Senate 2022-08-23T14:41:30Z Lower Costs, More Cures Act of 2021

This bill establishes and modifies several programs and requirements to address prescription drug prices, particularly in relation to Medicare and Medicaid.

Among other changes, the bill

  • requires the Centers for Medicare & Medicaid Services to publish certain information, as reported by pharmacy benefit managers (PBMs), relating to generic dispensing rates, drug discounts and rebates, and payments between PBMs, health plans, and pharmacies;
  • caps annual out-of-pocket spending under the Medicare prescription drug benefit;
  • allows prescription drug plan sponsors under the Medicare prescription drug benefit to offer additional plans in a region;
  • establishes requirements under the Medicaid Drug Rebate Program for certain gene therapies for which prices are indexed to achieved outcomes; and
  • establishes the position of Chief Pharmaceutical Negotiator in the Office of the U.S. Trade Representative.
]]> Lower Costs, More Cures Act of 2021 Official Title as Introduced A bill to provide for certain reforms with respect to the Medicare program under title XVIII of the Social Security Act, and for other purposes. Introduced in Senate IS Display Title Lower Costs, More Cures Act of 2021 Short Title(s) as Introduced Lower Costs, More Cures Act of 2021 Introduced in Senate IS Introduced in Senate 2021-06-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2164is/xml/BILLS-117s2164is.xml 2021-06-22 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.