HR 5376
118th Congress
House
Health
Health care costs and insurance
Medicare
Prescription drugs
Share the Savings with Seniors Act
Introduced: September 8, 2023
Introduced by:
Miller-Meeks, Mariannette
Republican
· Iowa
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2024
Referred to the Subcommittee on Health.
Sep 15, 2023
Referred to the Subcommittee on Health.
Sep 8, 2023
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 8, 2023
Introduced in House
Plain-English summary
Share the Savings with Seniors Act
This bill limits cost-sharing for chronic care drugs under the Medicare prescription drug benefit. Chronic care drugs include blood glucose regulators other than insulin, anticoagulants, and other categories of drugs as specified in the bill.
Specifically, for costs below the annual deductible, the bill caps cost-sharing for chronic care drugs at the net price of the drug (i.e., the negotiated price net of all manufacturer price concessions); for costs above the annual deductible and below the annual out-of-pocket threshold, cost-sharing must be based on a percentage of the drug's net price (if cost-sharing for that drug is tied to the price or cost of the drug).
What's happening now
Referred to the Subcommittee on Health.
Committees of jurisdiction
4