,,ii #aac? ,,congress #a/ ,session ,s4 #gg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #bc 7legislative day1 ,janu>y #c71 #bjac ,mr4 ,frank5 7= himself & ,ms4 ,klobu*>7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d "p ,d ( title ,,xviii ( ! ,social ,security ,act to au?orize ! ,secret>y ( ,heal? & ,human ,s]vices to negotiate = l[] prices = ,m$ic>e prescription drugs4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,prescription ,drug & ,heal? ,improvem5t ,act ( #bjac4 #b4 ,negotiat+ fair prices = m$ic>e prescription drugs 7a7 ,negotiat+ fair prices 7#a7 ,9 g5]al ,section #ahfj;,d-#aa ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aaa7 is am5d$ by /rik+ subsection 7i7 7relat+ to non9t]f]5ce7 & by ins]t+ ! foll[+3 7i7 ,au?ority ,to negotiate prices ) manufactur]s ,9 ord] to ensure t b5efici>ies enroll$ "u prescription drug plans & ,,ma-,,pd plans pay ! l[e/ possible price1 ! ,secret>y %all h au?ority simil> to t ( o!r ,f$]al entities t pur*ase prescription drugs 9 bulk to negotiate contracts ) manufactur]s ( cov]$ "p ,d drugs1 consi/5t ) ! requirem5ts & 9 fur!rance ( ! goals ( provid+ quality c>e & conta9+ co/s "u ?is "p4 4 7#b7 ,effective date ,! am5dm5t made by p>agraph 7#a7 %all take effect on ! date ( ! enactm5t ( ?is ,act4 7b7 ,biannual reports to ,congress ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 & e #f mon?s !reaft]1 ! ,secret>y ( ,heal? & ,human ,s]vices %all submit to ,congress a report on ! negotiations conduct$ by ! ,secret>y "u section #ahfj;,d-#aa7;i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aaa7;i771 z am5d$ by subsection 7a71 includ+ a description ( h[ su* negotiations are a*iev+ l[] prices = cov]$ "p ,d drugs 7z def9$ 9 section #ahfj;,d-#b7;e7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;e777 = ,m$ic>e b5efici>ies4