Reducing Drug Prices for Seniors Act.
Official title: A bill 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 net price and not the drug's list price.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Read twice and referred to the Committee on Finance.
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 net price of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the list price of the drug, if the net price is lower.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 2617: Reducing Drug Prices for Seniors Act.. 119th Congress. Open America. https://openamerica.io/bill/119-S-2617/
"S. 2617: Reducing Drug Prices for Seniors Act.." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-2617/.
S. 2617, 119th Cong. (2026), https://openamerica.io/bill/119-S-2617/.
[S. 2617: Reducing Drug Prices for Seniors Act.](https://openamerica.io/bill/119-S-2617/)