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Reducing Drug Prices for Seniors Act.

Bill Number
S. 2617
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Health
Status
Introduced
Latest Action
2025-07-31: Read twice and referred to the Committee on Finance.
Last Updated
2025-12-02T16:50:04Z

Official 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.

Sponsor

Sen. Rosen, Jacky [D-NV]

Cosponsors (1)

Sen. Cornyn, John [R-TX]

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