Ensuring Access to Lower-Cost Medicines for Seniors Act requires Medicare Part D plans to include generic drugs and biosimilar biological products on.

The Ensuring Access to Lower-Cost Medicines for Seniors Act amends the Social Security Act to mandate that Medicare Part D plans include generic drugs and biosimilar biological products on their formularies. Starting from January 1, 2028, plans must have at least one cost-sharing tier that includes only generic drugs and biosimilar biological products. These products must be included on formularies if they have a lower wholesale acquisition cost than their reference drugs.

Ensuring Access to Lower-Cost Medicines for Seniors Act requires Medicare Part D plans to include generic drugs and biosimilar biological products on.

The Ensuring Access to Lower-Cost Medicines for Seniors Act amends the Social Security Act to mandate that Medicare Part D plans include generic drugs and biosimilar biological products on their formularies. Starting from January 1, 2028, plans must have at least one cost-sharing tier that includes only generic drugs and biosimilar biological products. These products must be included on formularies if they have a lower wholesale acquisition cost than their reference drugs.