§ The bill, S. 3 - known as the Medicare Prescription Drug Price Negotiation Act, will repeal the prohibition on the U.S. Secretary of Health and Human Services (HHS) ability to negotiate with drug companies for lower Medicare Part D prices. § The bill also makes drug plan data on prices available to congressional and other government agencies for analysis. Currently, there is no access to data on what drug plans pay for drugs and what drug companies give in concessions and rebates. § The bill also allows HHS to study the health effectiveness of drugs to determine which drugs, and what they cost, produce the best results. § The bill does not go as far as the U.S. House passed bill, H.R. 4, which mandates that HHS negotiate with drug companies. § Because 60 votes are needed in the Senate to stop a filibuster, S. 3 is the best chance to get a bill to a House-Senate conference and then to the White House. President Bush has threatened a veto. § The drug companies are spending millions on TV and newspaper ads and employ more than 600 lobbyists in Washington. § Remember Americans pay the highest drug prices in the world and seniors use and need drugs more than any other age group. § S. 3 is a first step in overhauling Part D to make it work for seniors.
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