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119th Congress

H.R. 1244

Reducing Drug Prices for Seniors Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Donald G. Davis(D-NC)
Introduced
Feb 12, 2025
Policy area
Health
Committees
House Committee on Energy and Commerce; House Committee on Ways and Means
Official text
Introduced in House · Congress.gov page

Cosponsors (2)

Original cosponsors (1)

Added later (1)

Summary

Summary by the Congressional Research Service· describes the “Introduced in House” version

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.

Roll-call votes

No recorded votes on this bill.

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