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Press Release: Rosen and Cornyn Introduce Bipartisan Bill to Reduce Prescription Drug Costs for Seniors

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Senators Rosen and Cornyn proposed a bipartisan bill aimed at reducing seniors' out-of-pocket prescription drug costs for Medicare.

Quiver AI Summary

U.S. Senators Jacky Rosen (D-NV) and John Cornyn (R-TX) have introduced a bipartisan bill aimed at reducing out-of-pocket prescription drug costs for seniors on Medicare. The 'Reducing Drug Prices for Seniors Act' mandates that coinsurance payments be based on the lower net price of medications instead of the higher list price.

This change means that seniors will pay significantly less at the pharmacy. For instance, under the proposed legislation, a senior currently paying $100 for a drug with a $200 list price could see their out-of-pocket cost dropped to $75, given the insurance only paid $150. Senator Rosen emphasized that no one should have to struggle financially for essential medications.

Senator Cornyn also highlighted the challenges many seniors face with high drug prices and expressed pride in supporting the bill that aims to relieve their financial burdens. The legislation forms part of ongoing efforts by Senator Rosen to lower healthcare costs, including recent initiatives to cap insulin prices and expand Medicare's negotiation powers.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Jacky Rosen Net Worth

Quiver Quantitative estimates that Jacky Rosen is worth $15.0M, as of August 1st, 2025. This is the 70th highest net worth in Congress, per our live estimates.

Rosen has approximately $4.4M invested in publicly traded assets which Quiver is able to track live.

You can track Jacky Rosen's net worth on Quiver Quantitative's politician page for Rosen.

Jacky Rosen Bill Proposals

Here are some bills which have recently been proposed by Jacky Rosen:

  • S.2521: A bill to allow participants in the National Health Service Corps to defer their obligated service in order to receive training in palliative care services.
  • S.2494: A bill to amend the Internal Revenue Code of 1986 to provide the work opportunity tax credit with respect to hiring veterans who are receiving educational assistance under laws administered by the Secretary of Veterans Affairs or Defense.
  • S.2443: A bill to amend the Internal Revenue Code of 1986 to establish a small business start-up tax credit for veterans creating businesses in underserved communities.
  • S.2331: A bill to amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to include extreme temperature in the definition of a major disaster.
  • S.2306: STEM RESTART Act
  • S.2220: Fighting for the Overlooked Recognition of Groups Operating in Toxic Test Environments in Nevada (FORGOTTEN) Veterans Act of 2025

You can track bills proposed by Jacky Rosen on Quiver Quantitative's politician page for Rosen.

Jacky Rosen Fundraising

Jacky Rosen recently disclosed $198.8K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 437th most from all Q2 reports we have seen this year. 87.4% came from individual donors.

Rosen disclosed $290.2K of spending. This was the 169th most from all Q2 reports we have seen from politicians so far this year.

Rosen disclosed $923.4K of cash on hand at the end of the filing period. This was the 318th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Jacky Rosen's fundraising on Quiver Quantitative.

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