S. 4323In Committee
Ensuring Access to Lower-Cost Medicines for Seniors Act
Requires Medicare prescription drug plans to cover generic drugs and biosimilars on formularies under no stricter terms than brand-name drugs and biologics
Plain-English overview
What this bill does
Requires Medicare prescription drug plans to cover generic drugs and biosimilars on formularies under no stricter terms than brand-name drugs and biologics
Key points
- Require formulary coverage of generics
- Require cost sharing tiers
- Limit restrictions on biosimilars
Current status
Where it stands
Status
In Committee
Latest action
2026-04-16 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
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