US HB1775 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on March 29 2017 - 25% progression, died in committee
Action: 2017-04-05 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Prescription Reduction in Costs for Everyone (PRICE) Act of 2017

Sponsors


History

DateChamberAction
2017-04-05HouseReferred to the Subcommittee on Health.
2017-03-31HouseReferred to the Subcommittee on Health.
2017-03-29HouseReferred 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.
2017-03-29HouseReferred 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.
2017-03-29HouseReferred 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.
2017-03-29HouseIntroduced in House

Same As/Similar To

SB1688 (Related) 2017-08-01 - Read twice and referred to the Committee on Finance.
HB6575 (Related) 2018-07-27 - Referred to the Subcommittee on Health.

Subjects


US Congress State Sources


Bill Comments

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