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H.R. 7877

Lowering Drug Costs for Seniors Act of 2020

Lowering Drug Costs for Seniors Act of 2020

This bill modifies and establishes certain requirements under the Medicare prescription drug benefit. Specifically, the bill lowers the annual out-of-pocket spending threshold for 2021, and requires the Centers for Medicare & Medicaid Services to issue payments to beneficiaries who exceed a modified 2020 threshold, as specified.

Referred to the Subcommittee on Health.

Rep. Katko, John [R-NY-24](R-NY)Sponsor
1 cosponsor1 D
1cosponsors2committees5actions2related bills4subjects
  1. Committee

    Referred to the Subcommittee on Health.

    Health Subcommittee
  2. IntroReferralH11100

    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
  3. IntroReferralH11100

    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
  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

Lowering Drug Costs for Seniors Act of 2020 — Informed