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RCP Congressional Bill Tracker - H.R. 3261

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H.R. 3261: Medicare Prescription Drug Savings and Choice Act of 2015

Title: Medicare Prescription Drug Savings and Choice Act of 2015

Introduced: Jul 28, 2015 (114th Congress)

Sponsor: Rep. Janice "Jan" D. Schakowsky [D-IL9]

Status: Referred to Committee - Referred to the Subcommittee on Health.

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.

Votes


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