Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
This bill allows the Centers for Medicare & Medicaid Services to negotiate drug prices under the Medicare prescription drug benefit and to institute a price structure for the reimbursement of drugs covered under the benefit.
To amend title XVIII of the Social Security Act to allow the Secretary 
of Health and Human Services to negotiate fair prescription drug prices 
                 under part D of the Medicare program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Empowering Medicare Seniors to 
Negotiate Drug Prices Act of 2021''.

SEC. 2. AUTHORITY TO NEGOTIATE FAIR PRICES FOR MEDICARE PRESCRIPTION 
              DRUGS.

    (a) In General.--Section 1860D-11 of the Social Security Act (42 
U.S.C. 1395w-111) is amended by striking subsection (i).
    (b) Effective Date.--The amendment made by this section shall take 
effect on the date of the enactment of this Act.
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Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
A bill to amend XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program.
Empowering Medicare Seniors to Negotiate Drug Prices Act of 2021
Sen. Klobuchar, Amy