Medicare Drug Savings Act of 2013

Summary

Medicare Drug Savings Act of 2013 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act (SSA) to require drug manufacturers to pay the Secretary of Health and Human Services (HHS) drug rebates for rebate eligible (low-income) individuals. Excludes from Medicare coverage as a part D drug any drug or biological manufactured by a manufacturer that has not entered into and have in effect a rebate agreement with the Secretary. Requires a rebate agreement to require a drug or biological manufacturer to provide to the Secretary a rebate, determined according to a specified formula, for each rebate period ending after December 31, 2011, for any covered Medicare part D drug dispensed after that date to any rebate eligible individual for which payment was made by a prescription drug plan (PDP) sponsor or MedicareAdvantage (MA) organization for such period. Specifies a formula for determination of Medicaid rebate amounts for such drugs or biologicals. Amends SSA title XIX (Medicaid) to exclude any amounts paid under a rebate agreement from the determination of best price and average manufacturer price under the Medicaid program.

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Timeline

1. 16 April 2013

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 16 April 2013

   Introduced

   Sponsor introductory remarks on measure. (CR S2687)

   Source: IntroReferral

3. 16 April 2013

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 16 April 2013 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 16 April 2013

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 16 April 2013

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 16 April 2013

  Open at official source

Sponsors

• Sen. Rockefeller, John D., IV [D-WV] · D · Sponsor
• Rep. Nelson, Bill [D-FL-11] · D · Sponsor
• Tammy Baldwin · D · Sponsor
• Richard Blumenthal · D · Sponsor
• Rep. Boxer, Barbara [D-CA-6] · D · Sponsor
• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Richard Durbin · D · Sponsor
• Sen. Franken, Al [D-MN] · D · Sponsor
• Angus King · I · Sponsor
• Amy Klobuchar · D · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Sponsor
• Jeff Merkley · D · Sponsor
• John Reed · D · Sponsor
• Bernie Sanders · I · Sponsor
• Brian Schatz · D · Sponsor
• Jeanne Shaheen · D · Sponsor
• Sen. Stabenow, Debbie [D-MI] · D · Sponsor
• Sen. Udall, Tom [D-NM] · D · Sponsor
• Sheldon Whitehouse · D · Sponsor
• Sen. Hirono, Mazie K. [D-HI] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Medicare Drug Savings Act of 2013