S 2327
117th Congress
Senate
Health
Accounting and auditing
Administrative law and regulatory procedures
Alternative dispute resolution, mediation, arbitration
Civil actions and liability
Department of Health and Human Services
Health care costs and insurance
Health care coverage and access
Inflation and prices
Manufacturing
Medicare
Prescription drugs
Public contracts and procurement
Seniors Prescription Drug Relief Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 2021
Read twice and referred to the Committee on Finance.
Jul 13, 2021
Introduced in Senate
Plain-English summary
Seniors Prescription Drug Relief Act
This bill establishes and alters several programs and requirements relating to the prices of prescription drugs under Medicare.
For example, the bill caps annual out-of-pocket spending under the Medicare prescription drug benefit. It also establishes (1) a program under which drug manufacturers must, subject to civil penalties, provide discounts for covered drugs for beneficiaries who have incurred costs above the annual deductible; and (2) a process through which certain beneficiaries may have their monthly out-of-pocket costs capped and paid in monthly installments.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1