118th Congress · SENATE BILLBILL

S. 2456 — Protecting Seniors from High Drug Costs Act

“A bill to amend title XVIII of the Social Security Act to limit beneficiary cost-sharing to the net price of covered part D drugs.”

Health

Introduced Jul 20, 2023

Last action Jul 20, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 20, 2023

Step 2

Referred

Jul 20, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill limits cost-sharing for covered drugs under the Medicare prescription drug benefit to the negotiated price of the drug, net any manufacturer price concessions. Prescription drug plan sponsors are subject to civil penalties for violations.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 20, 2023

Introduced in Senate

Jul 20, 2023

Read twice and referred to the Committee on Finance.