DemocratBill · H.R. 2554· House(119-HR-2554)

Lower Drug Costs for Families Act

Rep. Horsford
Age: 53 years
Nevada
Introduced
4/1/2025
Last activity
4/1/2025 — 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.
Sponsored by
Steven Horsford
Cosponsors
Democrat - 2Republican - 0
Health
  1. Introduced
  2. In Committee

What this bill would do

The ``Lower Drug Costs for Families Act'' seeks to amend the Social Security Act regarding prescription drug inflation rebates. This bill expands the application of these rebates to include drugs furnished in the commercial market for both Part B and Part D. It also changes the base year used for calculating these rebates to an earlier date. These amendments regarding Part B drugs are set to take effect for calendar quarters starting on or after January 1, 2026. The changes for Part D drugs apply to periods beginning on or after October 1, 2025.

Yes· 3 of 6

  • Does this lower the price of prescription medicines?+7

    The bill expands inflation rebates to the commercial market and lowers the base year to increase rebate amounts.

  • Would people over 65 be better off under this?+5

    The bill reduces prescription drug costs, which disproportionately benefits seniors relying on Medicare.

  • Would households on low incomes be better off under this?+5

    Lower drug costs will provide financial relief to low-income households.

The opposite

  • Would business owners be better off under this?-3

    Pharmaceutical manufacturers may face lower margins due to expanded inflation rebates.