; (B) in subclause (V), by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (VI) amounts paid under a rebate agreement under section 1860D–2(f). . 302. Negotiation of prices for medicare prescription drugs Section 1860D–11 of the Social Security Act ( 42 U.S.C. 1395w–111 ) is amended by striking subsection (i) (relating to noninterference) and inserting the following: (i) Negotiation; no national formulary or price structure (1) Negotiation of prices with manufacturers In order to ensure that beneficiaries enrolled under prescription drug plans and MA–PD plans pay the lowest possible price, the Secretary shall have and exercise authority similar to that of other Federal entities that purchase prescription drugs in bulk to negotiate contracts with manufacturers of covered part D drugs, consistent with the requirements and in furtherance of the goals of providing quality care and containing costs under this part. (2) No national formulary or price structure In order to promote competition under this part and in carrying out this part, the Secretary may not require a particular formulary or institute a price structure for the reimbursement of covered part D drugs. . 303. Guaranteed prescription drug benefits (a) In general Section 1860D–3 of the Social Security Act ( 42 U.S.C. 1395w–103 ) is amended to read as follows: 1860D–3. Access to a choice of qualified prescription drug coverage (a) Assuring access to a choice of coverage (1) Choice of at least three plans in each area Beginning on January 1, 2019, the Secretary shall ensure that each part D eligible individual has available, consistent with paragraph (2), a choice of enrollment in— (A) a nationwide prescription drug plan offered by the Secretary in accordance with subsection (b)