Sec. 2. Improvements to the Medicare Drug Price Negotiation Program

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Section 1192(a) of the Social Security Act ( 42 U.S.C. 1320f–1(a) ) is amended— in paragraph (3)— by striking 2028, 15 negotiation-eligible drugs and inserting 2028 or a subsequent year, 50 negotiation-eligible drugs ; and by striking ; and at the end and inserting a period; and by striking paragraph (4). Section 1192(e)(1) of the Social Security Act ( 42 U.S.C. 1320f–1(e)(1) ) is amended— in subparagraph (A)(ii), by striking 7 years and inserting 3 years ; and in subparagraph (B)(ii), by striking 11 years and inserting 3 years .

Section 1194(c)(3) of the Social Security Act ( 42 U.S.C. 1320f–3(c)(3) ) is amended— in subparagraph (A), by striking 75 percent and inserting 76 percent ; in subparagraph (B), by striking 65 percent and inserting 55 percent ; and in subparagraph (C), by striking 40 percent and inserting 30 percent . The amendments made by this section shall apply with respect to initial price applicability years (as defined in section 1191(b) of the Social Security Act ( 42 U.S.C. 1320f(b) )) beginning with initial price applicability year 2028.

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U.S. Code

Establishment of program
§ 1320f

3 references not yet in our index

42 USC 1320f–1(a)
42 USC 1320f–1(e)(1)
42 USC 1320f–3(c)(3)

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Sec. 2

Improvements to the Medicare Drug Price Negotiation Program

U.S.C.§ 1320f

Cite42 USC 1320f–1(a)

Cite42 USC 1320f–1(e)(1)

Cite42 USC 1320f–3(c)(3)

Cites 4Cited by 0 across 0 sources