,,ii #aaith ,,congress #ast ,session ,s4 #bggj ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #aa1 #bjbe ,mr4 ,cornyn 7for himself1 ,ms4 ,rosen1 ,mr4 ,tillis1 and ,mr4 ,welch7 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 ensure appropriate cost-sharing for chronic care drugs under ,medicare part ,d4 #a4 ,short title ,this ,act may be cited as the ,share the ,savings with ,seniors ,act4 #b4 ,appropriate cost-sharing for chronic care drugs under ,medicare part ,d 7a7 ,in general ,section #ahfj;,d-#b of the ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7 is amended-- 7#a7 in subsection 7b7-- 7,a7 in paragraph 7#a77;,a71 in the matter preceding clause 7i71 by striking and 7#i7 and inserting 1 7#i71 and 7#aj72 7,b7 in paragraph 7#b77;,a71 in the matter preceding clause 7i71 by striking and 7#i7 and inserting 1 7#i71 and 7#aj72 and 7,c7 by adding at the end the following new paragraph3 7#aj7 ,cost-sharing for chronic care drugs 7,a7 ,in general ,for plan years beginning on or after ,january #a1 #bjbg1 in the case of a chronic care drug1 the following shall apply3 7i7 ,for costs below the annual deductible specified in paragraph 7#a71 cost-sharing for such drug shall not exceed the net price of such drug4 7ii7 ,subject to subparagraph 7,b71 for costs above the annual deductible specified in paragraph 7#a7 and below the out-of-pocket threshold specified in paragraph 7#d71 any coinsurance amount for such drug shall be based on a percentage of the net price of such drug4 7,b7 ,exception ,the requirement under subparagraph 7,a77ii7 shall not apply to a chronic care drug under a prescription drug plan if the cost-sharing amount for such drug under such plan is based on a copayment that is not tied to a percentage of a drug price 7such as the negotiated price1 list price1 or wholesale acquisition cost71 a drug benchmark price 7such as the average wholesale price71 or a drug cost4 7,c7 ,definitions ,in this paragraph3 7i7 ,chronic care drug ,the term chronic care drug means a covered part ,d drug that is included under any of the following ,united ,states ,pharmacopeia ,convention 7,,usp7 categories and classes of drugs1 as included in the most recent version of the ,,usp ,medicare ,model ,guidelines3 7,i7 ,blood glucose regulators1 other than insulins4 7,,ii7 ,anti-inflammatories1 inhaled corticosteroids4 7,,iii7 ,bronchodilators1 anticholinergic4 7,,iv7 ,bronchodilators1 sympathomimetic4 7,v7 ,respiratory tract agents1 other4 7,,vi7 ,anticoagulants4 7,,vii7 ,cardiovascular agents1 other4 7,,viii7 ,any category or class identified by the ,secretary or ,,usp as a successor to the categories and classes described in subclauses 7,i7 through 7,,vii7 based on the most recent ,,usp ,medicare ,model ,guidelines at the time of such identification4 7ii7 ,net price ,the term net price means the negotiated price of the drug net of all price concessions originating from manufacturers that are received or expected to be received by the plan or pharmacy benefit manager on behalf of the plan for such product and that are not already reflected in the negotiated price4 2 and 7#b7 in subsection 7c71 by adding at the end the following new paragraph3 7#g7 ,cost-sharing for covered chronic care drugs ,the coverage is provided in accordance with subsection 7b77#aj74 4 7b7 ,conforming amendments to cost-,sharing for low-,income individuals ,section #ahfj;,d-#ad7;a77#a77;,d77iii7 of the ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad7;a77#a77;,d77iii77 is amended by adding at the end the following new sentence3 ,for plan year #bjbg and subsequent plan years1 the copayment amount applicable under the first sentence of this subclause for a chronic drug 7as defined in section #ahfj;,d-#b7;b77#aj77;,b77 furnished to the individual may not exceed the applicable cost-sharing for such drug under the prescription drug plan or ,,ma-,,pd plan in which the individual is enrolled44 7c7 ,regulations ,notwithstanding any other provision of law1 the ,secretary of ,health and ,human ,services shall initially implement the amendments made by this section through interim final regulations4