H.R. 3672

To amend part D of title XVIII of the Social Security Act, as added by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to provide for negotiation of fair prices for Medicare prescription drugs.

Latest
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3672 Introduced in House (IH)]

1st Session
H. R. 3672

To amend part D of title XVIII of the Social Security Act, as added by
the Medicare Prescription Drug, Improvement, and Modernization Act of
2003, to provide for negotiation of fair prices for Medicare
prescription drugs.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

December 8, 2003

Mr. Edwards (for himself, Ms. Pelosi, Mr. Hoyer, Mr. Clyburn, Mr.
Dingell, Mr. Rangel, Mr. Berry, Mr. Brown of Ohio, Mr. Stark, Mr.
Spratt, Mr. George Miller of California, Mr. Matsui, Mr. Waxman, Ms.
Schakowsky, Mr. Pallone, Mr. Obey, Mr. Bishop of New York, Mr. Moore,
Mr. Michaud, Mr. Bell, Mr. Van Hollen, Mr. Davis of Tennessee, Mr.
Stenholm, Mr. Frost, Mr. Levin, Mr. Ortiz, Mr. Hinojosa, Mr. Rodriguez,
Mrs. Lowey, Mr. Ross, Mrs. McCarthy of New York, Mr. Green of Texas,
Mr. Lewis of Georgia, Mr. Ackerman, Ms. Waters, Ms. Eddie Bernice
Johnson of Texas, Mr. Hoeffel, Mr. Tierney, Mr. Weiner, Mr. Hinchey,
Mr. Sandlin, Mrs. Maloney, Mr. McDermott, Mr. Moran of Virginia, Ms.
Linda T. Sanchez of California, Mr. Crowley, Mr. Ruppersberger, Ms.
McCollum, Mr. Grijalva, Ms. Majette, Mr. Delahunt, Mr. McNulty, Mr.
Lantos, Mr. Cardoza, Mr. Lynch, Ms. Kilpatrick, Mr. Price of North
Carolina, Mr. Bishop of Georgia, Mr. Kleczka, Ms. Norton, Mr. Olver,
Mr. Ryan of Ohio, Mr. Baird, Mr. Owens, Mr. Udall of New Mexico, Ms.
Jackson-Lee of Texas, Ms. Kaptur, Mr. Ballance, Mr. Case, Ms. Solis,
Mr. Cooper, Mr. Emanuel, Mr. Taylor of Mississippi, Mr. Davis of
Illinois, Mr. Kildee, Mr. Schiff, and Mr. Meek of Florida) introduced
the following bill; which was 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
consideration of such provisions as fall within the jurisdiction of the
committee concerned

_______________________________________________________________________

A BILL

To amend part D of title XVIII of the Social Security Act, as added by
the Medicare Prescription Drug, Improvement, and Modernization Act of
2003, to provide for negotiation of fair prices for Medicare
prescription drugs.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. NEGOTIATING FAIR PRICES FOR MEDICARE PRESCRIPTION DRUGS.

Section 1860D-11 of the Social Security Act, as added by section
101(a) of the Medicare Prescription Drug, Improvement, and
Modernization Act of 2003, is amended by striking subsection (i)
(relating to noninterference) and by inserting the following:
``(i) Authority to Negotiate Prices With Manufacturers.--In order
to ensure that beneficiaries enrolled under prescription drug plans and
MA-PD plans pay the lowest possible price, the Secretary shall have
authority similar to that of other Federal entities that purchase
prescription drugs in bulk to negotiate contracts with manufacturers of
covered part D drugs, consistent with the requirements and in
furtherance of the goals of providing quality care and containing costs
under this part.''.
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