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United States · Bill · HR

H.R. 1775 (115th)

Prescription Reduction in Costs for Everyone (PRICE) Act of 2017

referredUnited States· United States Congress· EN

Introduced

29 March 2017

Last action

5 April 2017 · Referred

Status

Referred to the Subcommittee on Health.

Sponsors

Rep. DeFazio, Peter A. [D-OR-4], Rep. Conyers, John, Jr. [D-MI-13], Rep. Slaughter, Louise McIntosh [D-NY-25]

Subjects

Healthcare

Source updated

11 August 2025

Healthcare

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 29 March 2017

    Introduced

    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.

    Source: IntroReferral

  2. 29 March 2017

    Introduced

    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.

    Source: IntroReferral

  3. 29 March 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 29 March 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 31 March 2017

    Referred

    Referred to the Subcommittee on Health.

    Source: Committee

  6. 5 April 2017

    Referred

    Referred to the Subcommittee on Health.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 29 March 2017

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 29 March 2017

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 29 March 2017

    Open at official source

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Sponsors

Related records

Sources

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