S 1123
117th Congress
Senate
Health
Competition and antitrust
Health care costs and insurance
Inflation and prices
Medicare
Prescription drugs
PING Act
Introduced: April 14, 2021
Introduced by:
Blackburn, Marsha
Republican
· Tennessee
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 14, 2021
Read twice and referred to the Committee on Finance.
Apr 14, 2021
Introduced in Senate
Plain-English summary
Preserving Innovation for the Next Generation Act or the PING Act
This bill expresses the sense of the Senate that the current restrictions prohibiting the Centers for Medicare & Medicaid Services from negotiating the prices or establishing a formulary for drugs under the Medicare prescription drug benefit should not be repealed. The bill also prohibits the Center for Medicare and Medicaid Innovation from testing any model that would repeal or require a waiver of such restrictions.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1