Prescription Drug and Health Improvement Act of 2013

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Prescription Drug and Health Improvement Act of 2013

  • 1. Short title
    • This Act may be cited as the "Prescription Drug and Healthealth Improvement Act of 2013".3".
  • 2. Negotiating fair prices for medicare prescription drugsrugs
    • (a) Negotiating fair pricesices
      • (1) In generalal

        • Section 1860D–11 of the Social Security Act (42 U.S.C. 1395w–111) is amended by striking subsection (i) (relating to noninterference) and byby inserting the following:g:

          • "

          • (i) Authority To negotiate prices with manufacturers

            • In order to ensure that beneficiaries enrolled under prescription drug plans and MA–PD plans pay thethe lowest possible price, the Secretary shall have authority similar to that ofof other Federal entities that purchase prescription drugs in bulk to negotiatete contracts with manufacturers of covered part D drugs, consistent with thehe requirements and in furtherance of the goals of providing quality care andd containing costs under this part.rt.

          • "

      • (2) Effective dateate
        • The amendment made by paragraph (1) shall take effect on the date of the enactment of this Act.t.
    • (b) Biannual reports to Congressess
      • Not later than 1 year after the date of the enactment of this Act, and every 6 months thereafter, the Secretary of Healthlth and Human Services shall submit to Congress a report on the negotiations conducted by the Secretary under section 1860D–11(i) of the Social Security Actt (42 U.S.C. 1395w–111(i)), as amended by subsection (a), including a descriptionon of how such negotiations are achieving lower prices for covered part D drugsgs (as defined in section 1860D–2(e) of the Sociall Security Act (42 U.S.C. 1395w–102(e))) for Medicarere beneficiaries.s.
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