S. 3129 · 116th Congress

Lower Costs, More Cures Act of 2019

Stage
In committee
Sponsor
Mike Crapo
Introduced
2019-12-19
Latest action
2019-12-19 · Introduced in Senate

Summary

Lower Costs, More Cures Act of 2019

This bill establishes and modifies several requirements to address prescription drug prices under Medicare.

The bill generally

limits payment amounts for drugs and biologics under Medicare medical services, reduces cost-sharing under the Medicare prescription drug benefit, and establishes several reporting requirements for drug manufacturers with respect to drug prices.