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Lower Costs, More Cures Act of 2019
10/28/2022, 1:46 AM
Congressional Summary of S 3129
Lower Costs, More Cures Act of 2019
This bill establishes and modifies several requirements to address prescription drug prices under Medicare.
The bill generally
- limits payment amounts for drugs and biologics under Medicare medical services,
- reduces cost-sharing under the Medicare prescription drug benefit, and
- establishes several reporting requirements for drug manufacturers with respect to drug prices.
Read the Full Bill
Current Status of Bill S 3129
Bill S 3129 is currently in the status of Bill Introduced since December 19, 2019. Bill S 3129 was introduced during Congress 116 and was introduced to the Senate on December 19, 2019. Bill S 3129's most recent activity was Read twice and referred to the Committee on Finance. as of December 19, 2019
Bipartisan Support of Bill S 3129
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
9Democrat Cosponsors
0Republican Cosponsors
9Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3129
Primary Policy Focus
HealthPotential Impact Areas
- Administrative law and regulatory procedures
- Advisory bodies
- Business records
- Civil actions and liability
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Consumer affairs
- Executive agency funding and structure
- Federal officials
- Fraud offenses and financial crimes
- Government employee pay, benefits, personnel management
- Government information and archives
- Health care costs and insurance
- Health care coverage and access
- Health information and medical records
- Health personnel
- Health programs administration and funding
- Health technology, devices, supplies
- Income tax deductions
- Income tax exclusion
- Inflation and prices
- Insurance industry and regulation
- Medicaid
- Medicare
- Office of the U.S. Trade Representative
- Poverty and welfare assistance
- Prescription drugs
- Retail and wholesale trades
- Taxation
- Trade agreements and negotiations
- Women's health
Alternate Title(s) of Bill S 3129
Lower Costs, More Cures Act of 2019
Lower Costs, More Cures Act of 2019
A bill to provide for certain reforms with respect to the Medicare program under title XVIII of the Social Security Act, and for other purposes.
Comments
Sponsors and Cosponsors of S 3129
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