H.R. 7497 · 117th Congress

Make Medicine Affordable Act

Stage
In committee
Introduced
2022-04-11
Latest action
2022-04-12 · Referred to the Subcommittee on Health.

Summary

Make Medicine Affordable Act

This bill establishes several programs and requirements to address the prices of prescription drugs, including (1) requiring the Centers for Medicare & Medicaid Services to negotiate the prices of certain brand-name drugs and insulin under Medicare, (2) capping annual out-of-pocket spending under the Medicare prescription drug benefit, and (3) limiting cost-sharing for insulin products.