A bill to amend the Social Security Act to provide for the coverage of certain drugs under part A of the health insurance program established by title XVIII of such act.

[AI summary unavailable — showing source text] Provides, under title XVIII (Medicare) of the Social Security Act, that qualified drugs requiring a physician's prescription or certification shall be included among the items and service covered under the hospital insurance program for the aged at a specified amount of payment. Establishes, within the Department of Health, Education, and Welfare, a Formulary Committee to compile and publish a Medicare Formulary listing the drugs deemed qualified for benefits under this Act, together with maximum allowable costs and additional information concerning such drugs. Makes provisions for selecting drugs for the Formulary. Makes technical amendments with regard to various funding dates and amounts.…