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S 2247 116th Congress Senate Health Accounting and auditing Government information and archives Government studies and investigations Health care costs and insurance Health care quality Inflation and prices Medicare Prescription drugs

Phair Relief Act of 2019

Introduced: July 24, 2019 Introduced by: Kennedy, John Republican · Louisiana See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2019
Read twice and referred to the Committee on Finance.
Jul 24, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

Phair Relief Act of 2019

This bill establishes and otherwise modifies requirements for pharmacy benefit managers (PBMs), particularly with respect to the disclosure of certain drug pricing information.

Among other things, the bill (1) requires PBMs to pass on a minimum percentage of negotiated rebates, discounts, or price concessions to plan sponsors; (2) temporarily requires negotiated prices for covered drugs under the Medicare prescription drug benefit to be provided at the point-of-sale; and (3) requires the Centers for Medicare & Medicaid Services to establish certain quality measures for determining pharmacy incentive payments.

What's happening now July 24, 2019

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1