Ensuring Access to Lower-Cost Medicines for Seniors Act of 2021
- Last Action
- 4/27/2021
Actions
- 2021-04-27Referred to the Subcommittee on Health.
- 2021-04-26Referred to the Subcommittee on Social Security.
- 2021-04-26Referred to the Subcommittee on Health.
- 2021-04-26Referred 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.
- 2021-04-26Referred 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.
- 2021-04-26Introduced in House
- 2021-04-26Introduced in House
CRS Summary
As of 2021-04-26 (00)
Ensuring Access to Lower-Cost Medicines for Seniors Act of 2021
This bill establishes additional requirements for prescription drug plan (PDP) sponsors that use formularies under the Medicare prescription drug benefit.
Specifically, the bill requires PDP formularies to include covered generic drugs and biosimilars for which the wholesale acquisition cost is less than that of the reference (i.e., brand-name) product. PDP sponsors must also establish specific cost-sharing tiers that apply lower cost-sharing requirements for such covered generic drugs and biosimilars as compared to those for brand-name products.
The bill also prohibits PDP sponsors from instituting certain requirements relating to access to such covered generic drugs and biosimilars that are more restrictive than those for brand-name products (e.g., prior authorization requirements).
Cosponsors (10)
- Ann Kuster (D-NH)
- Paul Tonko (D-NY)
- Earl Carter (R-GA)
- Karen Bass (D-CA)
- Doris Matsui (D-CA)
- Darren Soto (D-FL)
- Robin Kelly (D-IL)
- Peter Welch (D-VT)
- Angie Craig (D-MN)
- Glenn Grothman (R-WI)
Subjects
- Health care coverage and access
- Medicare
- Prescription drugs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.