HR. 1244In Committee
Reducing Drug Prices for Seniors Act
Requires Medicare Part D coinsurance for covered drugs to be calculated using the lower actual acquisition cost instead of wholesale acquisition cost when available
Plain-English overview
What this bill does
Requires Medicare Part D coinsurance for covered drugs to be calculated using the lower actual acquisition cost instead of wholesale acquisition cost when available
Key points
- Require actual acquisition cost pricing
Current status
Where it stands
Status
In Committee
Latest action
2025-02-12 — 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.
Related context
Topics and policy areas
undefinedHealthHealth care costs and insuranceMedicarePrescription drugs