HR. 950In Committee
Saving Seniors Money on Prescriptions Act
Establishes Medicare pharmacy benefit manager reporting and disclosure requirements to increase prescription drug price transparency for seniors
Plain-English overview
What this bill does
Establishes Medicare pharmacy benefit manager reporting and disclosure requirements to increase prescription drug price transparency for seniors
Key points
- Require PBM price disclosures
- Require annual drug cost reports
- Direct GAO transparency review
- Allow sponsor PBM audits
Current status
Where it stands
Status
In Committee
Latest action
2025-02-04 — 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
undefinedAccounting and auditingCongressional oversightContracts and agencyDrug safety, medical device, and laboratory regulationGovernment information and archivesGovernment studies and investigationsHealth