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Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
1/11/2023, 1:47 PM
Congressional Summary of S 833
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
This bill allows the Centers for Medicare & Medicaid Services to negotiate drug prices under the Medicare prescription drug benefit and to institute a price structure for the reimbursement of drugs covered under the benefit.
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Current Status of Bill S 833
Bill S 833 is currently in the status of Bill Introduced since March 18, 2021. Bill S 833 was introduced during Congress 117 and was introduced to the Senate on March 18, 2021. Bill S 833's most recent activity was Read twice and referred to the Committee on Finance. as of March 18, 2021
Bipartisan Support of Bill S 833
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
34Democrat Cosponsors
33Republican Cosponsors
0Unaffiliated Cosponsors
1Policy Area and Potential Impact of Bill S 833
Primary Policy Focus
HealthPotential Impact Areas
- Health care costs and insurance
- Inflation and prices
- Medicare
- Prescription drugs
- Public contracts and procurement
Alternate Title(s) of Bill S 833
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
A bill to amend XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program.
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
Comments
Sponsors and Cosponsors of S 833
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