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Reducing Drug Prices for Seniors Act.
8/9/2025, 3:38 AM
Summary of Bill S 2617
The bill "A bill to amend title XVIII of the Social Security Act to require that coinsurance for drugs under Medicare part D be based on the drug's net price and not the drug's list price," designated as S. 2617 in the 119th Congress and introduced on July 31, 2025, aims to change how coinsurance for drugs in Medicare part D is calculated, shifting the basis from the drug's list price to its net price.
Congressional Summary of S 2617
Reducing Drug Prices for Seniors Act
This bill requires the coinsurance amount for covered drugs under the Medicare prescription drug benefit to be based on the net price of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the list price of the drug, if the net price is lower.
Read the Full Bill
Current Status of Bill S 2617
Bill S 2617 is currently in the status of Bill Introduced since July 31, 2025. Bill S 2617 was introduced during Congress 119 and was introduced to the Senate on July 31, 2025. Bill S 2617's most recent activity was Read twice and referred to the Committee on Finance. as of July 31, 2025
Bipartisan Support of Bill S 2617
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2617
Primary Policy Focus
Alternate Title(s) of Bill S 2617
A bill to amend title XVIII of the Social Security Act to require that coinsurance for drugs under Medicare part D be based on the drug's net price and not the drug's list price.
A bill to amend title XVIII of the Social Security Act to require that coinsurance for drugs under Medicare part D be based on the drug's net price and not the drug's list price.
Comments
Sponsors and Cosponsors of S 2617
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