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S. 2011 115th Congress Senate

Medicare Drug Price Negotiation Act

Official title: A bill 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 a… Show full official titleShow less

Official title: A bill 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: October 25, 2017 Introduced by: Bernard Sanders Independent · Vermont See on congress.gov
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Inflation and pricesMedicaidMedicarePrescription drugsPublic contracts and procurementRetail and wholesale trades
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 25, 2017
Read twice and referred to the Committee on Finance.
Oct 25, 2017
Introduced in Senate
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 Latest action October 25, 2017

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

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 prescription drug plans, including requirements relating to rebates for low-income individuals and drug price negotiations.

 Related & companion bills 1
  • HR 4138 Identical bill Medicare Drug Price Negotiation Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4
D
Blumenthal, Richard
Connecticut · Oct 31, 2017
 D
Gillibrand, Kirsten E.
New York · Oct 25, 2017
 D
Reed, Jack
Rhode Island · Oct 25, 2017
 D
Warren, Elizabeth
Massachusetts · Oct 25, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2011: Medicare Drug Price Negotiation Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-2011/
MLA
"S. 2011: Medicare Drug Price Negotiation Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-2011/.
Bluebook (legal)
S. 2011, 115th Cong. (2026), https://openamerica.io/bill/115-S-2011/.
Markdown link
[S. 2011: Medicare Drug Price Negotiation Act](https://openamerica.io/bill/115-S-2011/)
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