Bill · S. 1186· Senate(119-S-1186)

Lower Drug Costs for Families Act

Age: 62 years

Nevada

Introduced: 3/27/2025
Last activity: 3/27/2025 — Read twice and referred to the Committee on Finance.
Sponsored by: Catherine Cortez Masto
Cosponsors: - 12 - 0

Health

Introduced
In Committee

What this bill would do

The "Lower Drug Costs for Families Act" aims to amend the Social Security Act regarding prescription drug inflation rebates. It seeks to apply these rebates to drugs that are furnished in the commercial market. The bill also includes provisions to change the base year used for rebate calculations. These changes apply to both Part B and Part D drugs. Specific effective dates are established for these amendments to take effect.

Yes· 3 of 6

Does this lower the price of prescription medicines?+7
The bill expands the application of inflation rebates to drugs in the commercial market and adjusts base years to potentially increase rebate amounts.
Would retired people be better off under this?+6
The bill specifically targets prescription drug costs, which is a major expense for retirees.
Would people over 65 be better off under this?+5
The bill lowers prescription drug costs which directly benefits seniors relying on Medicare Part B and D.