Bill Detail
H.R. 1244
Congress: 119
Title
Reducing Drug Prices for Seniors Act
Summary
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 actual acquisition cost of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the wholesale acquisition cost of the drug, if the actual acquisition cost is lower.
Sponsor
Rep. Donald Davis [D-NC-1]
Status
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Status as of Jun 9, 8:21 PM · synced 20d ago
Introduced
2025-02-12
Data source mode: congress-gov
Bill Engagement
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 actual acquisiti…
Lobbyists on the case
- America's Health Insurance Plans, Inc. (AHIP)1 filing · 12 lobs
- Gary Beck2026 Q1
- Sean Dickson2026 Q1
- Sean Dugan2026 Q1
- Aron Griffin2026 Q1
- Sohini Gupta2026 Q1
- Mark Hamelburg2026 Q1
- Shane Hand2026 Q1
- Anthony Mitchell2026 Q1