US Congress Senate Bill 2081 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on July 10 2019 - 25% progression, died in committee
Action: 2019-07-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Requires manufacturers of covered drugs under Medicare medical services to issue rebates to the Centers for Medicare & Medicaid Services. Rebates are calculated based on the number of units sold and the amount by which the manufacturer price exceeds inflation. The bill's requirements do not apply to drugs that cost less than $100 annually per user in 2020 (and as adjusted for inflation annually thereafter) or to drugs on a specified drug shortage list. The bill also eliminates cost-sharing for such drugs for beneficiaries whose out-of-pocket costs meet or exceed a specified threshold.

Stop Drug Companies from Overcharging Seniors in Medicare Part B Act of 2019

Sen. Gary Peters [D-MI]

Sen. Debbie Stabenow [D-MI]

Date	Chamber	Action
2019-07-10	Senate	Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/2081/all-info
Text	https://www.congress.gov/116/bills/s2081/BILLS-116s2081is.pdf