,,ii #aafth ,,congress #ast ,session ,s4 #cjjj ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,december #i1 #bjai,mr4 ,cassidy 7for himself and ,ms4 ,hassan7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend title ,,xviii of the ,social ,security ,act to allow ,,pdp sponsors of prescription drug plans and ,medicare ,advantage organizations offering ,,ma-,,pd plans to share with enrollees a portion of savings from switching to lower cost therapeutic alternative medications4 #a4 ,short title ,this ,act may be cited as the ,patient ,shared ,savings ,act4 #b4 ,allowing prescription drug plans and ,,ma-,,pd plans to share with enrollees a portion of savings from switching to lower cost therapeutic alternative medications 7a7 ,in general ,section #ahfj;,d-#d of the ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajd7 is amended-- 7#a7 by redesignating subsection 7m7 7relating to program integrity transparency measures71 as added by section #fjfc7;c7 of the ,substance ,use-,disorder ,prevention that ,promotes ,opioid ,recovery and ,treatment for ,patients and ,communities ,act 7,public ,law #aae-bga71 as subsection 7n72 and 7#b7 by adding at the end the following new subsection3 7o7 ,sharing with enrollees a portion of savings from switching to a lower cost therapeutic alternative medication 7#a7 ,in general ,for plan years beginning on or after ,january #a1 #bjba1 a ,,pdp sponsor of a prescription drug plan may have a program under which the ,,pdp sponsor shares with an enrollee in the plan a portion of savings to the ,,pdp sponsor as a result of the enrollee switching from a covered part ,d drug the enrollee is taking on an ongoing basis to a lower cost therapeutic alternative covered part ,d drug4 7#b7 ,requirements ,if a ,,pdp sponsor implements a program described in paragraph 7#a71 the following requirements shall apply with respect to the program3 7,a7 ,requirements with respect to enrollees ,the enrollee-- 7i7 must have been taking the covered part ,d drug on an ongoing basis for at least #b months as confirmed by claims analysis by the ,,pdp sponsor prior to switching to the lower cost therapeutic alternative covered part ,d drug2 and 7ii7 must have agreed to make such switch after consulting with their physician4 7,b7 ,requirements with respect to ,,pdp sponsors ,the ,,pdp sponsor must-- 7i7 make available a shared savings report with therapeutic alternatives to eligible enrollees through ,evidence of ,benefits or other information sent to enrollees1 or provide contracted providers with access to tools that include therapeutic alternatives and shared savings at the point of care2 7ii7 ensure that the total amount of savings shared with an enrollee with respect to the switch to a particular lower cost therapeutic alternative covered part ,d drug does not exceed an amount equal to #aj percent of the annualized net savings to the ,,pdp sponsor as a result of the enrollee making such switch2 7iii7 only share such savings after the ,,pdp sponsor confirms1 based on claims analysis1 that-- 7,i7 the enrollee has switched to the lower cost therapeutic alternative covered part ,d drug2 and 7,,ii7 the switch does not result in an increased cost to the program under this part2 7iv7 provide a tangible reward or incentive for the amount of such shared savings1 which-- 7,i7 shall directly benefit the enrollee2 7,,ii7 such sponsor may not-- 7aa7 use to reduce plan premiums for the enrollee2 or 7bb7 direct an enrollee to use to pay such premiums2 and 7,,iii7 may be in the form of a monetary rebate1 gift card1 discount coupon1 or other item consistent with the ,president's ,executive ,order on ,protecting and ,improving ,medicare for ,our ,nation's ,seniors1 issued on ,october #c1 #bjai2 and 7v7 provide an annual report to the ,secretary1 with respect to the preceding plan year1 on the number of enrollees who receive shared savings under this subsection as a result of switching to a lower cost therapeutic alternative covered part ,d drug1 the total amount of such savings shared with the enrollee and in what form1 and the total savings to the ,,pdp sponsor as a result of enrollees making such switch4 7#c7 ,authority to provide with respect to certain sub-populations or geographic areas ,a ,,pdp sponsor may provide shared savings pursuant to this subsection for only a certain sub-population of enrollees or a geographically limited population of enrollees if the ,secretary determines1 based on a showing by the ,,pdp sponsor1 that the ,,pdp sponsor is not discriminating based on the health status of enrollees4 4 7b7 ,exclusion from anti-,kickback prohibition ,section #aabh;,b7b77#c7 of the ,social ,security ,act 7#db ,u4,s4,c4 #acbj;a-#g;b7b77#c77 is amended-- 7#a7 in subparagraph 7,j7-- 7,a7 by moving such subparagraph #b ems to the left2 and 7,b7 by striking and at the end2 7#b7 in subparagraph 7,k7-- 7,a7 by moving such subparagraph #b ems to the left2 and 7,b7 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following new subparagraph3 7,l7 any shared savings provided under section #ahfj;,d-#d7o74 4