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
Plain-English summary
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1