Real-Time Benefit Tool Implementation Act

7/9/2024, 9:56 PM

Congressional Summary of HR 7512

Real-Time Benefit Tool Implementation Act

This bill sets a deadline by which Medicare prescription drug plan (PDP) sponsors must implement an electronic, real-time benefit tool. 

Specifically, the bill requires PDP sponsors to implement at least one real-time benefit tool by January 1, 2027.

Current Status of Bill HR 7512

Bill HR 7512 is currently in the status of Bill Introduced since March 1, 2024. Bill HR 7512 was introduced during Congress 118 and was introduced to the House on March 1, 2024.  Bill HR 7512's most recent activity was Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-549, Part I. as of June 11, 2024

Bipartisan Support of Bill HR 7512

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

Policy Area and Potential Impact of Bill HR 7512

Primary Policy Focus

Health

Potential Impact Areas

Computers and information technologyHealth information and medical recordsMedicarePrescription drugs

Alternate Title(s) of Bill HR 7512

Real-Time Benefit Tool Implementation ActReal-Time Benefit Tool Implementation ActTo amend title XVIII of the Social Security Act to ensure implementation of real-time benefit tools under part D of the Medicare program.
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