Prescription Reduction in Costs for Everyone (PRICE) Act of 2017
Latest action · Apr 5, 2017 Referred to the Subcommittee on Health.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 29, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Prescription Reduction in Costs for Everyone (PRICE) Act of 2017
This bill amends title XVIII (Medicare) of the Social Security Act to require the President, with respect to offering one or more Medicare-operated prescription drug plan options, to: (1) negotiate prices with drug manufacturers, and (2) establish and apply a formulary and formulary incentives. In general, a Medicare-operated drug plan must meet the same requirements as apply to other prescription drug plans.
The President must report to Congress biannually on negotiations conducted by the President to achieve lower prices for Medicare beneficiaries.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Mar 29, 2017 to Nov 8, 2017, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MI | John Conyers, Jr. | Original | Mar 29, 2017 |
| D-NY | Louise McIntosh Slaughter | Nov 8, 2017 |
Actions 4
Everything that happened, newest first.
- Apr 5, 2017Referred to the Subcommittee on Health.
- Mar 31, 2017Referred to the Subcommittee on Health.
- Mar 29, 2017Introduced in House
- Mar 29, 2017Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1688 | Empowering Medicare Seniors to Negotiate Drug Prices Act of 2017 | Related bill | Aug 1, 2017 |
| HR 6575 | Medicare Prescription Drug Savings and Choice Act of 2018 | Related bill | Aug 13, 2018 |
Subjects
Assigned by the Library of Congress. Policy area: Health.
Text 1
Each version as it was printed, newest first.
- Mar 29, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.