Medicare Prescription Drug Savings and Choice Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 29, 2015)
Medicare Prescription Drug Savings and Choice Act of 2015
This bill amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to require the Centers for Medicare & Medicaid Services (CMS) to offer one or more Medicare-operated prescription drug plan options. In doing so, CMS must: (1) negotiate prices with drug manufacturers; (2) establish an appeals process for denials of plan benefits, including the option for external review and determination by an independent entity; and (3) establish and apply a formulary and formulary incentives. In general, a Medicare-operated drug plan must meet the same requirements as apply to any other prescription drug plan.
What just happenedJul 29, 2015
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6139-6140)
Who’s behind it
- Introduced in SenateJul 29, 2015
- Jul 29, 2015IntroReferral
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6139-6140)
Finance Committee - Jul 29, 2015IntroReferral10000
Introduced in Senate