HOUSE 2087116th CongressSubcommittee Hearings Held.

Drug Price Transparency Act

Last Action: 5/21/2019

Actions

2019-05-21Subcommittee Hearings Held.
2019-04-05Referred to the Subcommittee on Health.
2019-04-04Referred to the Subcommittee on Health.
2019-04-04Referred 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.
2019-04-04Referred 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.
2019-04-04Introduced in House
2019-04-04Introduced in House

CRS Summary

As of 2019-04-04 (00)

Drug Price Transparency Act

This bill requires certain manufacturers of drugs that are covered under Medicare medical services to report pricing information to the Centers for Medicare & Medicaid Services. Specifically, manufacturers of such drugs that do not have rebate agreements under the Medicaid Drug Rebate Program must report similar information as is required under the program, including average sales price, total units, and wholesale acquisition cost. Manufacturers that fail to comply or that report false information are subject to civil penalties.

Cosponsors (1)

Vern Buchanan (R-FL)

Subjects

Administrative law and regulatory procedures
Civil actions and liability
Congressional oversight
Consumer affairs
Health care costs and insurance
Health information and medical records
Insurance industry and regulation
Medicare
Prescription drugs
Retail and wholesale trades

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