Medicare Prescription Drug Savings and Choice Act of 2015

Summary

Medicare Prescription Drug Savings and Choice Act of 2015 This bill amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to require the Centers for Medicare & Medicaid Services (CMS) to offer one or more Medicare-operated prescription drug plan options.  In doing so, CMS must: (1) negotiate prices with drug manufacturers; (2) establish an appeals process for denials of plan benefits, including the option for external review and determination by an independent entity; and (3) establish and apply a formulary and formulary incentives. In general, a Medicare-operated drug plan must meet the same requirements as apply to any other prescription drug plan.

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Timeline

1. 29 July 2015

   Introduced

   Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6139-6140)

   Source: IntroReferral

2. 29 July 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 29 July 2015 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 29 July 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 29 July 2015

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 29 July 2015

  Open at official source

Sponsors

• Richard Durbin · D · Sponsor
• Sheldon Whitehouse · D · Sponsor
• John Reed · D · Sponsor
• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Tammy Baldwin · D · Sponsor
• Angus King · I · Sponsor
• Sen. Hirono, Mazie K. [D-HI] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Medicare Prescription Drug Savings and Choice Act of 2015