Sunday, April 01, 2001
Price Discrimination

Prescription Drug Fairness for Seniors Act

Reps. Tom Allen and Henry Waxman, along with over 100 other members of Congress, introduced the Prescription Drug Fairness for Seniors Act (H.R. 1400). This bill will protect seniors from price discrimination and allow Medicare beneficiaries to purchase drugs at substantially reduced prices. The legislation achieves these goals by allowing pharmacies that serve Medicare beneficiaries to purchase drugs at the low “average foreign price.” A bill similar to H.R. 1400, H.R. 664, was introduced by Reps. Allen, Turner, and Waxman in the 106th Congress.