Bills Introduced to Lower Prescription Drugs Prices

 

Bill Name

 

Changes to Lower Prices

Price Gouging

Transparency

Importation

Negotiation

Patent Reform

Medicare Prescription Drug Price Negotiation Act

H.R. 275

Rep. Peter Welch (VT)

Allows Secretary of HHS to negotiate with pharmaceutical companies regarding prices for drugs covered under Medicare Part D.

 

 

 

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Medicare Drug Price Negotiation Act of 2019

S.99 | H.R. 448

Sen. Bernie Sanders (VT)

Rep. Elijah Cummings (MD-07)

Allows Secretary of HHS to negotiate Medicare part D drug prices on behalf of beneficiaries and establishes a formulary for such purposes.

 

 

 

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Affordable and Safe Prescription Drug Importation Act

S. 97 | H.R. 447

Sen. Bernie Sanders (VT)

Rep. Elijah Cummings (MD-07)

Allows distributors, pharmacies, and individuals to import affordable and safe prescription drugs.

 

 

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Prescription Drug Price Relief Act

S. 102 | H.R. 465

 

 

 

Sen. Bernie Sanders (VT)

Rep. Ro Khanna (CA-17)

Requires pharmaceutical corporations to offer prescriptions for all Americans for a price equal to the median prices of 5 similar countries. When negotiation fails, the Secretary of HHS issues a competitive license to allow generic competition.

 

 

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Medicare Negotiation and Competitive Licensing Act

S. 377 | H.R. 1046

Sen. Sherrod Brown (OH)

Rep. Lloyd Doggett (TX-35)

Allows Secretary of HHS to negotiation prescription drug prices on behalf of beneficiaries. When negotiations fail, the Secretary issues a competitive license to allow generic competition.

 

 

 

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