Rep. Scott Peters

@RepScottPeters ↗

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Last Checked Feb. 28, 2022

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Tue Nov 02 23:15:05 +0000 2021

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Rep. Scott Peters @RepScottPeters

4/ ✔️Caps the amount drug manufacturers can raise the price of a drug to the rate of inflation for drugs in Medicare Parts B and D beginning Oct. 1, 2021. This inflation cap also applies to private insurance markets. — PolitiTweet.org

Posted Nov. 2, 2021

Preceded By

Rep. Scott Peters @RepScottPeters

3/ ✔️Adds Medicare Part D to the Peters/Schrader framework, allowing negotiation of costs in Parts B & D for some drugs older than 9 years & others older than 12 years ✔️Caps out-of-pocket costs for all seniors to $2,000 per year w/ a “smoothing” mechanism ✔️$35 cap for insulin — PolitiTweet.org

Posted Nov. 2, 2021

Followed By

Rep. Scott Peters @RepScottPeters

5/ ✔️Creates reporting requirements for PBMs (corporate middlemen between manufacturers & payors) so private plans know the true cost of drugs & price concessions can be passed on to consumers ✔️Promotes lower-cost options by incentivizing & boosting marketplace competition — PolitiTweet.org

Posted Nov. 2, 2021