S 1384
116th Congress
Senate
Health
Health care costs and insurance
Health care coverage and access
Inflation and prices
Prescription drugs
Prescription Drug Rebate Reform Act of 2019
Introduced: May 9, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 9, 2019
Introduced in Senate
Plain-English summary
Prescription Drug Rebate Reform Act of 2019
This bill requires private health insurance plans to set any coinsurance rate for a covered prescription drug based on the net price of the drug (the price after accounting for rebates and discounts provided by the drug manufacturer) and not the list price (the initial wholesale price set by the drug manufacturer). This requirement applies when a plan holder has an unmet deductible or other coinsurance obligation for prescription drug benefits under the plan.
The bill does not prohibit a plan from requiring a copayment provided that such copayment is not based on the cost of the drug.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1
Cosponsors
1