S. 873 · 109th Congress
Medicare Prescription Drug Savings and Choice Act of 2005
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsorNo cosponsors.
Medicare Prescription Drug Savings and Choice Act of 2005 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services to offer one or more Medicare operated prescription drug plans nationally that provide qualified prescription drug coverage and…
What it does: CRS summary · Introduced in Senate · Apr 21, 2005
Medicare Prescription Drug Savings and Choice Act of 2005 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services to offer one or more Medicare operated prescription drug plans nationally that provide qualified prescription drug coverage and access to negotiated prices. Allows the plan to offer supplemental prescription drug coverage in the same manner as other qualified prescription drug coverage by other prescription drug plans.
Requires the Secretary to negotiate with pharmaceutical manufacturers to reduce the purchase cost of covered Medicare part D drugs for eligible part D individuals, and encourage the use of more affordable therapeutic equivalents.
Requires the monthly beneficiary premium charged under such a plan to be uniform nationally. Makes the premium for months in 2006 $35, with a formula for determining premium adjustments in subsequent years.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Medicare Prescription Drug Savings and Choice Act of 2005
Latest action (Sep 27, 2005): Sponsor introductory remarks on measure. (CR S10525-1052 6)
Policy area: Health · Origin: Senate · Introduced: Apr 21, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.