H.R. 3: Lower Drug Costs Now Act of 2019
CBO Score
$-345,000,000
Documentation
Date of Report
Fri October 11th, 2019
Notes
Estimate of the effects of Title I on federal direct spending and revenues related to Part D of Medicare only.
CBO Report Details
Legislation Details
116th Congress
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.
Sponsor: Rep. Frank Pallone — D — NJ
Establishes a price negotiation program, protects Medicare from excessive price increases, and establishes an out-of-pocket maximum for Medicare part D enrollees.
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