H.R. 2071 · 117th Congress
Medicare Prescription Drug Price Negotiation Act of 2021
- Stage
- In committee
- Sponsor
- Peter Welch
- Introduced
- 2021-03-18
- Latest action
- 2021-03-19 · Referred to the Subcommittee on Health.
Summary
Medicare Prescription Drug Price Negotiation Act of 2021
This bill requires 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 the CMS from doing so.