Use Medicare purchasing power to lower prescription drug prices

Jack Reed cosponsored the SMART Prices Act, which would strengthen Medicare’s ability to negotiate lower drug prices using bulk purchasing. He also supports requiring the Trump administration to use its negotiating authority to lower prices for the prescription drugs older Americans use most often.

Context: The page describes a cosponsored proposal; it does not say the act has been enacted.

In their own words

cosponsored the SMART Prices Act

The source

Jack Reed: Older Americans

Published: Original date not established; campaign context manually checked
Retrieved: 11/11/2026