Reducing Drug Prices for Seniors Act
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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.
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.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 1244: Reducing Drug Prices for Seniors Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1244/
"H.R. 1244: Reducing Drug Prices for Seniors Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1244/.
H.R. 1244, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1244/.
[H.R. 1244: Reducing Drug Prices for Seniors Act](https://openamerica.io/bill/119-HR-1244/)