HOUSE 4881118th CongressReferred to the Subcommittee on Health.

To amend title XVIII of the Social Security Act to limit cost sharing for drugs under the Medicare program.

Last Action: 12/17/2024

Actions

2024-12-17Referred to the Subcommittee on Health.
2023-12-06Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 0.
2023-12-06Committee Consideration and Mark-up Session Held
2023-12-05Committee Consideration and Mark-up Session Held
2023-11-15Forwarded by Subcommittee to Full Committee by Voice Vote.
2023-11-15Subcommittee Consideration and Mark-up Session Held
2023-07-28Referred to the Subcommittee on Health.
2023-07-25Referred 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.
2023-07-25Referred 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.
2023-07-25Introduced in House
2023-07-25Introduced in House

CRS Summary

As of 2023-07-25 (00)

This bill limits cost-sharing for covered drugs under the Medicare prescription drug benefit and Medicare Advantage.

Specifically, for costs above the deductible but below the annual out-of-pocket threshold, the bill limits cost-sharing to the average net price of the drug (i.e., the average amount paid less any rebates) or the cash price (i.e., the price charged to an individual without insurance), whichever is lower.

The Government Accountability Office must report on the bill's implementation.

Cosponsors (1)

Brad Wenstrup (R-OH)

Subjects

Congressional oversight
Government studies and investigations
Health care costs and insurance
Medicare
Prescription drugs

Read on Congress.gov

Sourced from Congress.gov (public domain).

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