Politisphere

S. 2770: Share the Savings with Seniors Act

A Senate bill (S.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeSenate bill (S.)
Originating chamberSenate
Introduced2025-09-11
SponsorSen. Cornyn, John [R-TX]
Policy areaHealth
Cosponsors3
Latest action2025-09-11 — Read twice and referred to the Committee on Finance.
Last updated2025-12-02

Summary

Official summary (Introduced in Senate, 2025-09-11):

Share the Savings with Seniors Act

This bill limits cost-sharing for chronic care drugs under the Medicare prescription drug benefit. Chronic care drugs include blood glucose regulators other than insulin, anticoagulants, and other categories of drugs as specified in the bill.

Specifically, for costs below the annual deductible, the bill caps cost-sharing for chronic care drugs at the net price of the drug (i.e., the negotiated price net of all manufacturer price concessions); for costs above the annual deductible and below the annual out-of-pocket threshold, cost-sharing must be based on a percentage of the drug's net price (if cost-sharing for that drug is tied to the price or cost of the drug).

Cosponsors (3)

NameParty / state
Jacky Rosen D NV (original cosponsor) 2025-09-11
Thom Tillis R NC (original cosponsor) 2025-09-11
Peter Welch D VT (original cosponsor) 2025-09-11

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 2770 are published by Congress on congress.gov.

View S. 2770 on congress.gov →

Frequently asked questions

What is S. 2770?

S. 2770 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: Share the Savings with Seniors Act.

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for S. 2770 are available on congress.gov.

Bill data: congress.gov API (official congressional records).