Legis Daily

Share the Savings with Seniors Act

USA118th CongressHR-5376| House 
| Updated: 12/17/2024
Mariannette Miller-Meeks

Mariannette Miller-Meeks

Republican Representative

Iowa

Cosponsors (8)
Barry Moore (Republican)Brad R. Wenstrup (Republican)Scott H. Peters (Democratic)Earl L. "Buddy" Carter (Republican)Thomas H. Kean (Republican)Mike Flood (Republican)Dean Phillips (Democratic)Deborah K. Ross (Democratic)

Ways and Means Committee, Health Subcommittee, Health Subcommittee, Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Share the Savings with Seniors Act This bill limits cost-sharing for chronic care drugs under the Medicare prescription drug benefit. Chronic care drugs include blood glucose regulators other than insulin, anticoagulants, and other categories of drugs as specified in the bill. Specifically, for costs below the annual deductible, the bill caps cost-sharing for chronic care drugs at the net price of the drug (i.e., the negotiated price net of all manufacturer price concessions); for costs above the annual deductible and below the annual out-of-pocket threshold, cost-sharing must be based on a percentage of the drug's net price (if cost-sharing for that drug is tied to the price or cost of the drug).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 25, 2023

Latest Companion Bill Action

S 118-2474
Introduced in Senate
Sep 8, 2023
Introduced in House
Sep 8, 2023
Referred 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.
Sep 15, 2023
Referred to the Subcommittee on Health.
Dec 17, 2024
Referred to the Subcommittee on Health.
  • July 25, 2023

    Latest Companion Bill Action

    S 118-2474
    Introduced in Senate


  • September 8, 2023
    Introduced in House


  • September 8, 2023
    Referred 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.


  • September 15, 2023
    Referred to the Subcommittee on Health.


  • December 17, 2024
    Referred to the Subcommittee on Health.

Health

Related Bills

  • S 118-2474: Share the Savings with Seniors Act
Health care costs and insuranceMedicarePrescription drugs

Share the Savings with Seniors Act

USA118th CongressHR-5376| House 
| Updated: 12/17/2024
Share the Savings with Seniors Act This bill limits cost-sharing for chronic care drugs under the Medicare prescription drug benefit. Chronic care drugs include blood glucose regulators other than insulin, anticoagulants, and other categories of drugs as specified in the bill. Specifically, for costs below the annual deductible, the bill caps cost-sharing for chronic care drugs at the net price of the drug (i.e., the negotiated price net of all manufacturer price concessions); for costs above the annual deductible and below the annual out-of-pocket threshold, cost-sharing must be based on a percentage of the drug's net price (if cost-sharing for that drug is tied to the price or cost of the drug).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 25, 2023

Latest Companion Bill Action

S 118-2474
Introduced in Senate
Sep 8, 2023
Introduced in House
Sep 8, 2023
Referred 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.
Sep 15, 2023
Referred to the Subcommittee on Health.
Dec 17, 2024
Referred to the Subcommittee on Health.
  • July 25, 2023

    Latest Companion Bill Action

    S 118-2474
    Introduced in Senate


  • September 8, 2023
    Introduced in House


  • September 8, 2023
    Referred 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.


  • September 15, 2023
    Referred to the Subcommittee on Health.


  • December 17, 2024
    Referred to the Subcommittee on Health.
Mariannette Miller-Meeks

Mariannette Miller-Meeks

Republican Representative

Iowa

Cosponsors (8)
Barry Moore (Republican)Brad R. Wenstrup (Republican)Scott H. Peters (Democratic)Earl L. "Buddy" Carter (Republican)Thomas H. Kean (Republican)Mike Flood (Republican)Dean Phillips (Democratic)Deborah K. Ross (Democratic)

Ways and Means Committee, Health Subcommittee, Health Subcommittee, Energy and Commerce Committee

Health

Related Bills

  • S 118-2474: Share the Savings with Seniors Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Health care costs and insuranceMedicarePrescription drugs