Prescription Reduction in Costs for Everyone (PRICE) Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 29, 2017)
Prescription Reduction in Costs for Everyone (PRICE) Act of 2017
This bill amends title XVIII (Medicare) of the Social Security Act to require the President, with respect to offering one or more Medicare-operated prescription drug plan options, to: (1) negotiate prices with drug manufacturers, and (2) establish and apply a formulary and formulary incentives. In general, a Medicare-operated drug plan must meet the same requirements as apply to other prescription drug plans.
The President must report to Congress biannually on negotiations conducted by the President to achieve lower prices for Medicare beneficiaries.
What just happenedApr 5, 2017
Referred to the Subcommittee on Health.
Who’s behind it
- Introduced in HouseMar 29, 2017
- Apr 5, 2017Committee
Referred to the Subcommittee on Health.
Health Subcommittee - Mar 31, 2017Committee
Referred to the Subcommittee on Health.
Health Subcommittee - Mar 29, 2017IntroReferralH11100
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.
Ways and Means Committee - Mar 29, 2017IntroReferralH11100-A
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.
- Mar 29, 2017IntroReferralH11100
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.
Energy and Commerce Committee - Mar 29, 2017IntroReferralIntro-H
Introduced in House
- Mar 29, 2017IntroReferral1000
Introduced in House