Senate Drug Pricing Bill Lowers Manufacturer Discounts In Part D Catastrophic Phase

Revised bill released by the US Senate Finance Committee adjusts the manufacturer discount program in Medicare Part D and includes new provisions aimed at easing beneficiary cost sharing obligations.

Capitol Building, Washington DC
Action On Drug Pricing Legislation Heating Up

The latest version of the Senate Finance Committee’s drug pricing bill structures a requirement for manufacturer discounts on brands in Medicare Part D that may be more to biopharma’s liking, but the bill would still impose price inflation rebates on drugs covered by Medicare Parts D and B, a policy industry has opposed.

The bill’s co-authors, Sens. Chuck Grassley, R-IA, and Ron Wyden, D-OR, have been working on revisions that are aimed at generating broader support for the bill in the Senate

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