A bill to provide for substantial reductions in the price of prescription drugs for medicare beneficiaries.
Prescription Drug Fairness for Seniors Act of 1999 - Requires each participating manufacturer of a covered outpatient drug to make available for purchase by each pharmacy such covered outpatient drug in the described amount (an amount equal to the aggregate amount of the covered outpatient drug sold or distributed by the pharmacy to Medicare beneficiaries) and at the described price (the price equal to the lower of either the lowest price paid for the drug by the Federal Government or the manufacturer's best price for the drug). Sets forth special provisions with respect to hospice programs.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S3463)
Read twice and referred to the Committee on Finance.
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