S 1785 116th Congress Senate Health Health care costs and insurance Health programs administration and funding Inflation and prices Medicaid Prescription drugs Retail and wholesale trades

Fair AMP Act

Introduced: June 11, 2019 Introduced by: Hassan, Margaret Wood Democratic · New Hampshire See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 11, 2019

Read twice and referred to the Committee on Finance.

Jun 11, 2019

Introduced in Senate

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Plain-English summary Congressional Research Service

Fair and Accurate Medicaid Pricing Act of 2019 or the Fair AMP Act

This bill alters certain requirements and definitions under the Medicaid Drug Rebate Program relating to rebate calculations. Specifically, the bill repeals the requirement that drug manufacturers include the prices of certain authorized generic drugs when determining the average manufacturer price (AMP) of brand-name drugs (also known as a "blended AMP"), and excludes manufacturers from the definition of "wholesalers" for purposes of rebate calculations.

What's happening now June 11, 2019

Read twice and referred to the Committee on Finance.

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