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Real-Time Benefit Tool Implementation Act

H.R. 7512 · 118th Congress · Mar 1, 2024 · Lineage

A BILL

To amend title XVIII of the Social Security Act to ensure implementation of real-time benefit tools under part D of the Medicare program.

Section 1 Short title

This Act may be cited as the “Real-Time Benefit Tool Implementation Act”.

Sec. 2 Ensuring implementation of real-time benefit tools under part D of the Medicare program

Section 1860D–4(o) of the Social Security Act (42 U.S.C. 1395w–104) is amended by striking paragraph (1) and inserting the following:

“(1) In general—Not later than January 1, 2027, a PDP sponsor of a prescription drug plan shall implement one or more electronic real-time benefit tools that meet the requirements described in paragraph (2).”