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Lowering Prescription Drug Prices for America’s Seniors and Families Act of 2020
2/8/2022, 11:23 PM
Congressional Summary of S 3384
Lowering Prescription Drug Prices for America's Seniors and Families Act of 2020
This bill makes a series of changes to requirements relating to prescription drug prices. Among other changes, the bill requires the Centers for Medicare & Medicaid Services to negotiate the prices of certain covered drugs under the Medicare prescription drug benefit, allows individuals to import certain drugs from Canada to fill personal prescriptions, and establishes specific enforcement actions against patent infringement agreements that involve generic drug manufacturers and have anticompetitive effects.
Read the Full Bill
Current Status of Bill S 3384
Bill S 3384 is currently in the status of Bill Introduced since March 3, 2020. Bill S 3384 was introduced during Congress 116 and was introduced to the Senate on March 3, 2020. Bill S 3384's most recent activity was Read twice and referred to the Committee on Finance. as of March 3, 2020
Bipartisan Support of Bill S 3384
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3384
Primary Policy Focus
HealthPotential Impact Areas
- Administrative law and regulatory procedures
- Administrative remedies
- Business ethics
- Canada
- Civil actions and liability
- Competition and antitrust
- Department of Health and Human Services
- Drug safety, medical device, and laboratory regulation
- Federal Trade Commission (FTC)
- Food and Drug Administration (FDA)
- Government information and archives
- Health care costs and insurance
- Health information and medical records
- Inflation and prices
- Intellectual property
- Licensing and registrations
- Manufacturing
- Medicare
- Prescription drugs
- Public participation and lobbying
- Trade restrictions
Alternate Title(s) of Bill S 3384
Lowering Prescription Drug Prices for America’s Seniors and Families Act of 2020
Lowering Prescription Drug Prices for America’s Seniors and Families Act of 2020
A bill to allow for negotiation of prices for certain covered Medicare part D drugs, to allow for importation by individuals of prescription drugs from Canada, to preserve access to affordable generics and biosimilars, to increase the use of real-time benefit tools to lower beneficiary costs, to establish a manufacturer discount program, and for other purposes.
Comments
Sponsors and Cosponsors of S 3384
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