Senate Bill 3129
116th Congress(2019-2020)
Lower Costs, More Cures Act of 2019
Introduced
Introduced in Senate on Dec 19, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3129
Congress
116
Policy Area
Health
Health
Primary focus of measure is science or practice of the diagnosis, treatment, and prevention of disease; health services administration and funding, including such programs as Medicare and Medicaid; health personnel and medical education; drug use and safety; health care coverage and insurance; health facilities. Measures concerning controlled substances and drug trafficking may fall under Crime and Law Enforcement policy area.
No Senate votes have been held for this bill.
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.
December 19, 2019
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12/19/2019
Read twice and referred to the Committee on Finance.
12/19/2019
Introduced in Senate
Public Record
Record Updated
Oct 28, 2022 1:46:12 AM