Seniors Saving on Insulin Act

Bill: 117-s-2815
Sponsor: full_name: Sen. Kennedy, John [R-LA]
Introduced: 2021-09-23
Policy area: Health
Latest action: action_date: 2021-09-23
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2021-09-23
action_desc: Introduced in Senate
text: <p><b>Seniors Saving on Insulin Act</b></p> <p>This bill requires the Part D Senior Savings Model to be made permanent. </p> <p>Currently, the Centers for Medicare &amp; Medicaid Services is testing a voluntary model under the Medicare prescription drug benefit (the Part D Senior Savings Model) in which the copayment for a month's supply of insulin is capped at $35 through participating plans. The model is set to expire on December 31, 2025.</p>

tv_txt: II 117th CONGRESS 1st Session S. 2815 IN THE SENATE OF THE UNITED STATES September 23, 2021 Mr. Kennedy introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XI of the Social Security Act to provide for the continued implementation on a permanent basis of the Part D Senior Savings model.

1. Short title This Act may be cited as the Seniors Saving on Insulin Act . 2. Continuation of Part D Senior Savings Model Section 1115A of the Social Security Act ( 42 U.S.C. 1315a ) is amended by adding at the end the following new subsection: (h) Part D Senior Savings Model Notwithstanding any other provision of law, the Secretary shall provide for the continued implementation on a permanent basis of the Part D Senior Savings Model under this section, under the same parameters under which such model was implemented for plan year 2021. .