US SB3013 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on December 10 2019 - 25% progression, died in committee
Action: 2019-12-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 10 2019 - 25% progression, died in committee
Action: 2019-12-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows prescription drug plan (PDP) sponsors under the Medicare prescription drug benefit to offer additional plans in a region. Specifically, the Centers for Medicare & Medicaid Services (CMS) must update guidance to allow PDP sponsors to offer up to four plans in a region; the CMS may also set a greater limit, as appropriate. PDP sponsors may offer up to two additional plans beyond this limit if the PDP sponsor ensures that, under at least one of the plans, pharmacy benefit managers do not receive any remuneration unless at least 10% of price reductions received from drug manufacturers are reflected at the point-of-sale or otherwise used to reduce beneficiary cost-sharing.
Title
Encouraging Innovative Benefit Design to Lower Costs for Seniors Act
Sponsors
Sen. Pat Toomey [R-PA] | Sen. Mike Crapo [R-ID] | Sen. John Kennedy [R-LA] |
History
Date | Chamber | Action |
---|---|---|
2019-12-10 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB19 (Related) 2019-12-19 - Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
SB3129 (Related) 2019-12-19 - Read twice and referred to the Committee on Finance.
SB3129 (Related) 2019-12-19 - Read twice and referred to the Committee on Finance.
Subjects
Government information and archives
Health
Health care costs and insurance
Health care coverage and access
Insurance industry and regulation
Medicare
Prescription drugs
Health
Health care costs and insurance
Health care coverage and access
Insurance industry and regulation
Medicare
Prescription drugs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3013/all-info |
Text | https://www.congress.gov/116/bills/s3013/BILLS-116s3013is.pdf |