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Cutting Medicare Prescription Drug Prices in Half Act

12/29/2022, 9:18 PM

Congressional Summary of S 3615

Cutting Medicare Prescription Drug Prices in Half Act

This bill caps the cost of prescription drugs under Medicare at the amount that the Department of Veterans Affairs or the General Services Administration pays for the drug, whichever is lower.

Current Status of Bill S 3615

Bill S 3615 is currently in the status of Bill Introduced since February 9, 2022. Bill S 3615 was introduced during Congress 117 and was introduced to the Senate on February 9, 2022.  Bill S 3615's most recent activity was Read twice and referred to the Committee on Finance. as of February 9, 2022

Bipartisan Support of Bill S 3615

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
0
Unaffiliated Sponsors
1
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3615

Primary Policy Focus

Health

Alternate Title(s) of Bill S 3615

Cutting Medicare Prescription Drug Prices in Half Act
Cutting Medicare Prescription Drug Prices in Half Act
A bill to establish a cap on costs for covered prescription drugs under Medicare parts B and D.

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