Bill · S. 2617· Senate(119-S-2617)
Reducing Drug Prices for Seniors Act.
- Introduced
- 7/31/2025
- Last activity
- 7/31/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Jacky Rosen
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, titled the "Reducing Drug Prices for Seniors Act," aims to change how Medicare Part D costs are calculated. It seeks to amend the Social Security Act to shift the basis of coinsurance for drugs. Instead of using the drug's list price, the calculation would be based on the drug's net price. This change would apply to plan years starting on or after January 1, 2026. The net price is defined as the negotiated price minus any manufacturer-provided price concessions.
Yes· 3 of 12
Would people over 65 be better off under this?+7
The bill specifically targets Medicare Part D to reduce the cost of drugs for seniors.
Would retired people be better off under this?+7
The bill reduces the financial burden of prescription drug coinsurance for retirees.
Does this lower the price of prescription medicines?+7
The bill requires coinsurance to be calculated based on the net price rather than the higher list price for many drugs.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Lower Coinsurance Costs: For costs above the annual deductible and below the out-of-pocket threshold, any coinsurance for a covered Part D drug would be calculated based on the net price rather than the list price, provided the net price is lower (Section 2, subsection (b)(10)(A)).
Potential Negative Impacts for People
- Exclusions from Net Price Calculation: The requirement to base coinsurance on the net price does not apply to covered Part D drugs described in paragraph (8) or (9) of the Social Security Act (Section 2, subsection (b)(10)(A)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Retirees+7Good For Seniors+7Good For Low Income Households+3Good For African Americans+2Good For Asian Americans+2Good For Hispanic Americans+2Good For Middle Class Households+2Good For Native Americans+2Good For White Americans+2
- Healthcare
- Reduces Prescription Drug Costs+7Increases Medicare Funding+2
- Social Issues And Justice
- Improves Poverty Reduction+2
- 7/31/2025
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
John CornynRepublican · Texas