,,ii #aae? ,,congress #a/ ,session ,s4 #da ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #e1 #bjag,ms4 ,klobu*> 7= h]self1 ,mr4 ,blum5?al1 ,mrs4 ,%ahe51 ,ms4 ,baldw91 ,mr4 ,k+1 ,mr4 ,br[n1 ,mr4 ,leahy1 ,mr4 ,frank51 & ,mr4 ,ka9e7 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 require ! ,secret>y ( ,heal? & ,human ,s]vices to negotiate cov]$ "p ,d drug prices on behalf ( ,m$ic>e b5efici>ies4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,m$ic>e ,prescription ,drug ,price ,negotiation ,act ( #bjag4 #b4 ,negotiation ( l[] cov]$ "p ,d drug prices on behalf ( ,m$ic>e b5efici>ies 7a7 ,negotiation by ,secret>y ,section #ahfj;,d-#aa ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aaa7 is am5d$ by /rik+ subsection 7i7 7relat+ to non9t]f]5ce7 & ins]t+ ! foll[+3 7i7 ,negotiation ( ,l[] ,drug ,prices 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,secret>y %all negotiate ) ph>maceutical manufactur]s ! prices 7includ+ disc\nts1 rebates1 & o!r price concessions7 t may be *>g$ to ,,pdp sponsors & ,,ma organizations = cov]$ "p ,d drugs = "p ,d eligible individuals :o are enroll$ "u a prescription drug plan or "u an ,,ma-,,pd plan4 7#b7 ,no *ange 9 rules = =mul>ies 7,a7 ,9 g5]al ,no?+ 9 p>agraph 7#a7 %all be con/ru$ to au?orize ! ,secret>y to e/abli% or require a p>ticul> =mul>y4 7,b7 ,con/ruction ,subp>agraph 7,a7 %all n be con/ru$ z affect+ ! ,secret>y's au?ority to ensure appropriate & adequate access to cov]$ "p ,d drugs "u prescription drug plans & "u ,,ma-,,pd plans1 includ+ compliance ( su* plans ) =mul>y requirem5ts "u section #ahfj;,d-#d7;b77#c74 7#c7 ,con/ruction ,no?+ 9 ?is subsection %all be con/ru$ z prev5t+ ! sponsor ( a prescription drug plan1 or an organization (f]+ an ,,ma-,,pd plan1 f obta9+ a disc\nt or r$uction ( ! price = a cov]$ "p ,d drug bel[ ! price negotiat$ "u p>agraph 7#a74 7#d7 ,semi-annual reports to congress ,n lat] ?an ,june #a1 #bjah1 & e #f mon?s !reaft]1 ! ,secret>y %all submit to ! ,committees on ,ways & ,means1 ,en]gy & ,comm]ce1 & ,ov]sight & ,gov]nm5t ,re=m ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate a report on negotiations conduct$ by ! ,secret>y to a*ieve l[] prices = ,m$ic>e b5efici>ies1 & ! prices & price disc\nts a*iev$ by ! ,secret>y z a result ( su* negotiations4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all take effect on ! date ( ! enactm5t ( ?is ,act & %all fir/ apply to negotiations & prices = plan ye>s beg9n+ on ,janu>y #a1 #bjah4