Lower Costs, More Cures Act of 2019

Hozzl · 2022-10-28T01:46:12Z

Explore the details of Senate Bill 3129 Lower Costs, More Cures Act of 2019 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Health. Stay informed on legislative developments.

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.

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3129

Primary Policy Focus

Health

Potential Impact Areas

Administrative law and regulatory proceduresAdvisory bodiesBusiness recordsCivil actions and liabilityCompetitiveness, trade promotion, trade deficitsCongressional oversightConsumer affairsExecutive agency funding and structureFederal officialsFraud offenses and financial crimesGovernment employee pay, benefits, personnel managementGovernment information and archivesHealth care costs and insuranceHealth care coverage and accessHealth information and medical recordsHealth personnelHealth programs administration and fundingHealth technology, devices, suppliesIncome tax deductionsIncome tax exclusionInflation and pricesInsurance industry and regulationMedicaidMedicareOffice of the U.S. Trade RepresentativePoverty and welfare assistancePrescription drugsRetail and wholesale tradesTaxationTrade agreements and negotiationsWomen's health

Alternate Title(s) of Bill S 3129

Lower Costs, More Cures Act of 2019Lower Costs, More Cures Act of 2019A bill to provide for certain reforms with respect to the Medicare program under title XVIII of the Social Security Act, and for other purposes.

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