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H.R. 729

BillFederalHouseIn Committee
Medicare Drug Cost Credibility Act of 2005
About This Bill
Committee
Latest Action · March 22, 2005
Referred to the Subcommittee on Health.
Congress
109th (2005–2007)
Introduced
February 9, 2005
Cosponsors (0)
None
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Summary

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Medicare Drug Cost Credibility Act of 2005 - Provides that, if the net mandatory outlays for the Medicare prescription drug benefit for a fiscal year exceed the original Congressional Budget Office estimate of such benefit for that fiscal year, the Secretary of Health and Human Services shall utilize negotiating authority in order to reduce the acquisition cost for prescription drugs.

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