Wednesday, April 11, 2001
Prescription Drugs

Prescription Drug Fairness for Seniors Act

Reps. Waxman and Tom Allen, 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.”