US Congress Senate Bill 470 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 21-0)
Status: Introduced on February 13 2019 - 25% progression, died in committee
Action: 2019-02-13 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Establishes a Medicare buy-in option for certain qualifying individuals and also repeals restrictions relating to prescription drug prices under the Medicare prescription drug benefit. Specifically, the bill allows individuals aged 50 to 64 to enroll in Medicare if such individuals would otherwise qualify for Medicare at the age of 65. The Centers for Medicare & Medicaid Services (CMS) must determine enrollment periods and set premiums for the buy-in option established under the bill, in accordance with specified requirements. The CMS must also award grants to states and nonprofit organizations for outreach and enrollment activities relating to the buy-in option. The bill also repeals provisions that prohibit the CMS from negotiating the prices of prescription drugs or from establishing a formulary under the Medicare prescription drug benefit.

Medicare at 50 Act

Sen. Debbie Stabenow [D-MI]	Sen. Sherrod Brown [D-OH]	Sen. Tammy Baldwin [D-WI]	Sen. Richard Blumenthal [D-CT]
Sen. Cory Booker [D-NJ]	Sen. Benjamin Cardin [D-MD]	Sen. Tammy Duckworth [D-IL]	Sen. Richard Durbin [D-IL]
Sen. Kamala Harris [D-CA]	Sen. Amy Klobuchar [D-MN]	Sen. Patrick Leahy [D-VT]	Sen. Edward Markey [D-MA]
Sen. Jeff Merkley [D-OR]	Sen. Gary Peters [D-MI]	Sen. Jack Reed [D-RI]	Sen. Jeanne Shaheen [D-NH]
Sen. Tina Smith [D-MN]	Sen. Sheldon Whitehouse [D-RI]	Sen. Kirsten Gillibrand [D-NY]	Sen. Martin Heinrich [D-NM]
Sen. Robert Casey [D-PA]

Date	Chamber	Action
2019-02-13	Senate	Read twice and referred to the Committee on Finance.

HB1346 (Related) 2019-12-10 - Subcommittee Hearings Held.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/470/all-info
Text	https://www.congress.gov/116/bills/s470/BILLS-116s470is.pdf