H.R. 7877
Referred to CommitteeLowering Drug Costs for Seniors Act of 2020
Introduced 7/30/2020•116th Congress•House
Latest Action
Referred to the Subcommittee on Health.
7/30/2020 • House
Summary
Lowering Drug Costs for Seniors Act of 2020
This bill modifies and establishes certain requirements under the Medicare prescription drug benefit. Specifically, the bill lowers the annual out-of-pocket spending threshold for 2021, and requires the Centers for Medicare & Medicaid Services to issue payments to beneficiaries who exceed a modified 2020 threshold, as specified.
Introduced in House • 7/30/2020
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Topics & Subjects
Policy Area: Health
Health care costs and insuranceInflation and pricesMedicarePrescription drugs
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
1
Democrats
1
Republicans
0
Independents
Sponsor
R[
Cosponsors (1)
R[
Bill Journey
Originated in the House
Introduced
July 30, 2020
Referred to the Subcommittee on Health.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House7/30/2020