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Medicare Drug Savings Act of 2017

Introduced: February 1, 2017 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 1, 2017
Read twice and referred to the Committee on Finance.
Feb 1, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Medicare Drug Savings Act of 2017

This bill requires drug manufacturers to issue rebates to the Centers for Medicare & Medicaid Services (CMS) for prescription drugs dispensed to eligible low-income individuals under the Medicare prescription drug benefit or a Medicare Advantage (MA) prescription drug plan (PDP).

Subject to civil monetary penalties, a Medicare or MA PDP sponsor must report, both to drug manufacturers and to the CMS, specified information related to the determination and payment of such rebates.

What's happening now February 1, 2017

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1