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S 41 115th Congress Senate Health Health care costs and insurance Inflation and prices Medicare Prescription drugs Public contracts and procurement

Medicare Prescription Drug Price Negotiation Act of 2017

Introduced: January 5, 2017 Introduced by: Klobuchar, Amy Democratic · Minnesota See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 2017
Read twice and referred to the Committee on Finance.
Jan 5, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Medicare Prescription Drug Price Negotiation Act of 2017

This bill amends title XVIII (Medicare) of the Social Security Act to require the Centers for Medicare & Medicaid Services (CMS) to negotiate with pharmaceutical companies regarding prices for drugs covered under the Medicare prescription drug benefit. Current law prohibits CMS from doing so.

What's happening now January 5, 2017

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1