Medicare Prescription Drug Price Reduction Act
Official title: A bill to amend part D of title XVIII of the Social Security Act, as added by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to pr… Show full official titleShow less
Official title: A bill to amend part D of title XVIII of the Social Security Act, as added by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to provide for negotiation of fair prices for medicare prescription drugs.
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Read twice and referred to the Committee on Finance.
Medicare Prescription Drug Price Reduction Act - Amends part D (Voluntary Prescription Drug Benefit Program) of title IV of the Social Security Act, as amended by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to give the Secretary of Health and Human Services authority to negotiate prices in contracts with manufacturers of covered Medicare part D drugs.
- Introduced in Senate Formatted Text PDF
Cite this page
U.S. Congress. (2026). S. 1999: Medicare Prescription Drug Price Reduction Act. 108th Congress. Open America. https://openamerica.io/bill/108-S-1999/
"S. 1999: Medicare Prescription Drug Price Reduction Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-1999/.
S. 1999, 108th Cong. (2026), https://openamerica.io/bill/108-S-1999/.
[S. 1999: Medicare Prescription Drug Price Reduction Act](https://openamerica.io/bill/108-S-1999/)