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H.R. 1244 119th Congress House

Reducing Drug Prices for Seniors Act

Official title: To amend title XVIII of the Social Security Act to require that coinsurance for drugs under Medicare part D be based on the drug's actual acquisition cost and … Show full official titleShow less

Official title: To amend title XVIII of the Social Security Act to require that coinsurance for drugs under Medicare part D be based on the drug's actual acquisition cost and not the drug's wholesale acquisition cost.

Introduced: February 12, 2025 Introduced by: Donald G. Davis Democratic · North Carolina See on congress.gov
Health Health care costs and insuranceMedicarePrescription drugs
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2025
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.
Feb 12, 2025
Introduced in House
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What's happening now February 12, 2025

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.

 Plain-English summary Congressional Research Service

Reducing Drug Prices for Seniors Act

This bill requires the coinsurance amount for covered drugs under the Medicare prescription drug benefit to be based on the actual acquisition cost of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the wholesale acquisition cost of the drug, if the actual acquisition cost is lower.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 18

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APA
U.S. Congress. (2026). H.R. 1244: Reducing Drug Prices for Seniors Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1244/
MLA
"H.R. 1244: Reducing Drug Prices for Seniors Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1244/.
Bluebook (legal)
H.R. 1244, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1244/.
Markdown link
[H.R. 1244: Reducing Drug Prices for Seniors Act](https://openamerica.io/bill/119-HR-1244/)
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