Elijah E. Cummings Lower Drug Costs Now Act (H.R. 3; 117th Congress)

by Frank Pallone

117th CONGRESS
1st Session

H.R. 3

To establish a fair price negotiation program, protect the Medicare program from excessive price increases, and establish an out-of-pocket maximum for Medicare part D enrollees, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

April 22, 2021

Mr. Pallone (for himself, Mr. Neal, and Mr. Scott of Virginia) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Education and Labor, Oversight and Reform, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To establish a fair price negotiation program, protect the Medicare program from excessive price increases, and establish an out-of-pocket maximum for Medicare part D enrollees, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

(a) Short Title.—This Act may be cited as the “Elijah E. Cummings Lower Drug Costs Now Act”.

(b) Table Of Contents.—The table of contents is as follows:

Sec. 1. Short title; table of contents.

TITLE I − LOWERING PRICES THROUGH FAIR DRUG PRICE NEGOTIATION

TITLE II − PRESCRIPTION DRUG INFLATION REBATES

TITLE III − PART D IMPROVEMENTS AND MAXIMUM OUT-OF-POCKET CAP FOR MEDICARE BENEFICIARIES

TITLE IV − DRUG PRICE TRANSPARENCY

TITLE V − NIH, FDA, AND OVERDOSE EPIDEMIC FUNDING

Subtitle A — Biomedical Innovation Expansion

Subtitle B — Investing In Safety And Innovation

Subtitle C — Overdose Epidemic Response