S 2617

Reducing Drug Prices for Seniors Act.

Summary

Reducing Drug Prices for Seniors Act This bill requires the coinsurance amount for covered drugs under the Medicare prescription drug benefit to be based on the net price of the drug (i.e., the negotiated price under the prescription drug plan net of any manufacturer price concessions), rather than the list price of the drug, if the net price is lower.

Bill status

Status
In committee
Sponsor
Sen. Jacky Rosen [D-NV]
Cosponsors
1
Policy area
Health
Introduced
2025-07-31
Latest action
2025-07-31: Read twice and referred to the Committee on Finance.

Committee referrals

Recent actions

  • 2025-07-31: Read twice and referred to the Committee on Finance.
  • 2025-07-31: Introduced in Senate