The bill S. 1186 seeks to amend title XVIII of the Social Security Act by applying inflation rebates for prescription drugs to those supplied in the commercial market. It proposes changes to the way rebates are calculated by altering the base year for those calculations from...
Simple Explanation
The bill is like a big rulebook change that wants to make sure the prices of medicines don't go up too fast, even for people not on Medicare. It changes how they figure out if prices are getting too high so they can try to keep them fair.