- No clear beneficiaries surfaced yet.
Saving Seniors Money on Prescriptions Act
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for c…
<p><strong>Saving Seniors Money on Prescriptions Act</strong></p><p>This bill establishes reporting requirements for pharmacy benefit managers (PBMs) under the Medicare prescription drug benefit and Medicare Advantage, particularly relating to the prices of prescription drugs.</p><p>Specifically, PBMs must (1) disclose certain information underlying cost performance measurements (e.g., exclusions and terms), and (2) report to prescription drug plan (PDP) sponsors (and to the Centers for Medicare & Medicaid Services upon request) an itemized list of prescription drugs that were dispensed during the previous year and related data about costs, claims, affiliated pharmacies, and other specified information. PDP sponsors may audit PBMs to ensure compliance with this bill's requirements and must annually certify their compliance; PBMs are responsible for any associated civil penalties for violations.</p><p>In addition, the Government Accountability Office must study federal and state reporting requirements for health plans and PBMs with respect to prescription drug price transparency and recommend ways to streamline these requirements.</p>
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
The next hurdle is converting committee movement into a floor coalition.
<p><strong>Saving Seniors Money on Prescriptions Act</strong></p><p>This bill establishes reporting requirements for pharmacy benefit managers (PBMs) under the Medicare prescription drug benefit and Medicare Advantage, particularly relating to the prices of prescription drugs.</p><p>Specifically, PBMs must (1) disclose certain information underlying cost performance measurements (e.g., exclusions and terms), and (2) report to prescription drug plan (PDP) sponsors (and to the Centers for Medicare & Medicaid Services upon request) an itemized list of prescription drugs that were dispensed during the previous year and related data about costs, claims, affiliated pharmacies, and other specified information.
PDP sponsors may audit PBMs to ensure compliance with this bill's requirements and must annually certify their compliance; PBMs are responsible for any associated civil penalties for violations.</p><p>In addition, the Government Accountability Office must study federal and state reporting requirements for health plans and PBMs with respect to prescription drug price transparency and recommend ways to streamline these requirements.</p>
This bill has moved beyond introduction, but committee and floor dynamics still determine whether it can build durable support.
How solid the drafting looks.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
Who stands to gain, and who may push back.
These are examples from the analysis, not a ranked list of the most-affected groups.
- No clear downsides surfaced yet.
Why the argument around this bill splits.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
The path through Congress.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
This bill has moved beyond introduction, but committee and floor dynamics still determine whether it can build durable support.
- The next hurdle is converting committee movement into a floor coalition.
Recent votes on the bill.
No vote history yet
The bill has not accumulated any surfaced votes yet.
Go deeper than the headline read.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
This bill has moved beyond introduction, but committee and floor dynamics still determine whether it can build durable support.
Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for Saving Seniors Money on Prescriptions Act.
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.