S. 41 · 115th Congress

Medicare Prescription Drug Price Negotiation Act of 2017

Stage
In committee
Introduced
2017-01-05
Latest action
2017-01-05 · Introduced in Senate

Summary

Medicare Prescription Drug Price Negotiation Act of 2017

This bill amends title XVIII (Medicare) of the Social Security Act to require the Centers for Medicare & Medicaid Services (CMS) to negotiate with pharmaceutical companies regarding prices for drugs covered under the Medicare prescription drug benefit. Current law prohibits CMS from doing so.