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    <introducedDate>2025-02-12</introducedDate>
    <congress>119</congress>
    <legislationUrl>https://www.congress.gov/bill/119th-congress/house-bill/1244</legislationUrl>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 171, Number 29 (Wednesday, February 12, 2025)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. DAVIS of North Carolina:H.R. 1244.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18.[Page H677]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <title>Reducing Drug Prices for Seniors Act.</title>
        <congress>119</congress>
        <number>2617</number>
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          <actionDate>2025-07-31</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
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        <text>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.</text>
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        <text>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.</text>
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        <fullName>Rep. Davis, Donald G. [D-NC-1]</fullName>
        <firstName>Donald</firstName>
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        <state>NC</state>
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        <fullName>Rep. Pfluger, August [R-TX-11]</fullName>
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        <party>R</party>
        <state>TX</state>
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        <fullName>Rep. Harder, Josh [D-CA-9]</fullName>
        <firstName>Josh</firstName>
        <lastName>Harder</lastName>
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        <state>CA</state>
        <district>9</district>
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      <name>Health</name>
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          <name>Health care costs and insurance</name>
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          <name>Medicare</name>
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          <name>Prescription drugs</name>
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        <name>Health</name>
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          <text>&lt;p&gt;&lt;strong&gt;Reducing Drug Prices for Seniors Act&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill requires the coinsurance amount for covered drugs under the Medicare prescription drug benefit to be based on the actual acquisition cost of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the wholesale acquisition cost of the drug, if the actual acquisition cost is lower.&lt;/p&gt;</text>
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    <title>Reducing Drug Prices for Seniors Act</title>
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        <title>Reducing Drug Prices for Seniors Act</title>
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        <title>Reducing Drug Prices for Seniors Act</title>
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        <title>To amend title XVIII of the Social Security Act to require that coinsurance for drugs under Medicare part D be based on the drug's actual acquisition cost and not the drug's wholesale acquisition cost.</title>
        <updateDate>2025-03-14T09:18:23Z</updateDate>
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    <latestAction>
      <actionDate>2025-02-12</actionDate>
      <text>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.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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