Search Results: keywords:"rebates"

  • H. R. 6856 — To reform prescription drug pricing and reduce out-of-pocket costs by ensuring consumers benefit from negotiated rebates.
    Status:Introduced in House
    Words:786

    H.R. 6856, known as the "Prescription Drug Rebate Reform Act of 2023," aims to modify how prescription drug costs are handled by group health plans and health insurance. The bill requires that any coinsurance payments made by enrollees for covered prescription drugs be based...

    Simple Explanation

    H.R. 6856 wants to make it cheaper for people to buy their medicine by making sure the price they pay is based on special discounts that companies agree on, not the big scary price tag you see at first. This way, starting from 2025, people might spend less money when they need to buy medicine.