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Brown Introduces Bipartisan Legislation to Lower Out-Of-Pocket Prescription Drug Costs for Seniors
August 01, 2023
WASHINGTON, Aug. 1 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:

U.S. Senator Sherrod Brown (D-OH) introduced bipartisan legislation to lower out-of-pocket costs of medicines for chronic conditions in the deductible or when patients owe coinsurance. The Share the Savings with Seniors Act would require pharmacy benefit managers (PBMs) and insurers to pass on all savings they negotiate on the list price of a chronic condition drug to the patient to lower the cost o . . .

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