HOUSE 2069116th CongressSubcommittee Hearings Held.

SPIKE Act

Last Action: 5/21/2019

Actions

2019-05-21Subcommittee Hearings Held.
2019-04-04Referred to the Subcommittee on Health.
2019-04-03Referred to the Subcommittee on Health.
2019-04-03Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-04-03Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-04-03Introduced in House
2019-04-03Introduced in House

CRS Summary

As of 2019-04-03 (00)

Stopping the Pharmaceutical Industry from Keeping drugs Expensive Act or the SPIKE Act

This bill requires the Centers for Medicare & Medicaid Services (CMS) to determine at least annually whether certain covered drugs under Medicare were subject to a price increase that exceeded specified thresholds. Drug manufacturers must submit justifications for such price increases to the CMS, subject to civil penalties. The bill's requirements do not apply to low-cost drugs, as identified by the CMS.

Cosponsors (10)

Tom Reed (R-NY)
TJ Cox (D-CA)
Susan Wild (D-PA)
Ed Case (D-HI)
Chrissy Houlahan (D-PA)
Jamie Raskin (D-MD)
Abigail Spanberger (D-VA)
Elissa Slotkin (D-MI)
ELEANOR NORTON (D-DC)
Bryan Steil (R-WI)

Subjects

Business records
Civil actions and liability
Corporate finance and management
Government information and archives
Health care costs and insurance
Inflation and prices
Manufacturing
Prescription drugs

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.