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Lower Drug Costs for Seniors: Medicare Part D Reforms

This act aims to lower drug costs for seniors under Medicare Part D. It introduces changes requiring pharmacies to include all discounts and fees in the drug price at the point of sale, preventing hidden charges. Additionally, pharmacies will receive more information about post-sale payments, and performance evaluation rules will be standardized.
Key points
Medicare Part D drug prices will include all discounts and fees at the point of sale, aiming to reduce patient costs.
Pharmacies will receive regular information on post-sale fees and discounts, increasing transparency.
Standardized rules for pharmacy performance evaluation will be introduced, ensuring fair conditions for all pharmacies.
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Additional Information
Print number: 117_S_1909
Sponsor: Sen. Tester, Jon [D-MT]
Process start date: 2021-05-27