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S. 1688: Empowering Medicare Seniors to Negotiate Drug Prices Act of 2017

The text of the bill below is as of Aug 1, 2017 (Introduced).


II

115th CONGRESS

1st Session

S. 1688

IN THE SENATE OF THE UNITED STATES

August 1, 2017

(for herself, Ms. Baldwin, Mr. Bennet, Mr. Blumenthal, Mr. Booker, Mr. Brown, Ms. Cantwell, Mr. Cardin, Ms. Duckworth, Mr. Franken, Ms. Harris, Ms. Hassan, Mr. Heinrich, Ms. Hirono, Mr. Kaine, Mr. King, Mr. Leahy, Mr. Manchin, Mrs. McCaskill, Mr. Merkley, Mr. Murphy, Mrs. Murray, Mr. Nelson, Mr. Schumer, Mrs. Shaheen, Ms. Stabenow, Mr. Udall, Mr. Van Hollen, Mr. Warner, Ms. Warren, Mr. Wyden, Mrs. Gillibrand, and Mr. Whitehouse) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend title XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program.

1.

Short title

This Act may be cited as the Empowering Medicare Seniors to Negotiate Drug Prices Act of 2017.

2.

Authority to negotiate fair prices for Medicare prescription drugs

(a)

In general

Section 1860D–11 of the Social Security Act (42 U.S.C. 1395w–111) is amended by striking subsection (i).

(b)

Effective date

The amendment made by this section shall take effect on the date of the enactment of this Act.