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S. 4323: Ensuring Access to Lower-Cost Medicines for Seniors Act

119th Congress · introduced 2026-04-16 · Health · Latest: Read twice and referred to the Committee on Finance.

federal

What does this mean?

Official title

Ensuring Access to Lower-Cost Medicines for Seniors Act

Plain summary

Ensuring Access to Lower-Cost Medicines for Seniors Act This bill requires prescription drug plans under the Medicare prescription drug benefit to include generic drugs and biosimilars on their formularies. Specifically, the bill requires plans that use formularies to include generic drugs and biosimilars on the formularies and without any requirements (e.g., prior authorization requirements) that are more restrictive as compared to those for brand-name drugs and biologics. Plans that use cost-sharing tiers must also have specific tiers for generic drugs and biosimilars, in accordance with certain limitations.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Ensuring Access to Lower-Cost Medicines for Seniors Act

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Officials and money

Sponsor: Sen. Lankford, James [R-OK] · 2 cosponsors

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Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-s4323 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills