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S 506 114th Congress Senate

A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals…

Official title: A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average s… Show full official titleShow less

Official title: A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes.

Introduced: February 12, 2015 See on congress.gov
Health MedicarePrescription drugs
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2015
Read twice and referred to the Committee on Finance.
Feb 12, 2015
Introduced in Senate
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 Latest action February 12, 2015

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to exclude from the average sales price in calculating Medicare payments for drugs and biologicals any customary prompt pay discounts from manufacturers to wholesalers.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 506: A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes.. 114th Congress. Open America. https://openamerica.io/bill/114-S-506/
MLA
"S. 506: A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes.." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-506/.
Bluebook (legal)
S. 506, 114th Cong. (2026), https://openamerica.io/bill/114-S-506/.
Markdown link
[S. 506: A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes.](https://openamerica.io/bill/114-S-506/)
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