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HR 1476 119th Congress House Health Blood and blood diseases Drug therapy Health care costs and insurance Manufacturing Medicare Prescription drugs

PLASMA Act

Introduced: June 3, 2025 Introduced by: Hudson, Richard Republican · North Carolina See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 21, 2025
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 21, 2025
Introduced in House
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 Plain-English summary Congressional Research Service

Preserving Life-saving Access to Specialty Medicines in America Act or the PLASMA Act

This bill phases-in certain price adjustments for plasma-derived products under the Medicare prescription drug benefit's Manufacturer Discount Program.

Current law requires manufacturers of covered drugs under the Medicare prescription drug benefit to provide a 10% discount for covered drugs during the initial coverage phase (i.e., before a beneficiary reaches the out-of-pocket spending threshold) and a 20% discount during the catastrophic coverage phase (i.e., after a beneficiary reaches the out-of-pocket spending threshold). 

The bill phases-in discounts for plasma-derived products over several years, starting with a 1% discount in 2026 for both the initial and catastrophic coverage phases, and ending with a 10% discount beginning in 2030 for the initial coverage phase and a 20% discount beginning in 2032 for the catastrophic coverage phase.

What's happening now February 21, 2025

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 31

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 1476: PLASMA Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1476/
MLA
"H.R. 1476: PLASMA Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1476/.
Bluebook (legal)
H.R. 1476, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1476/.
Markdown link
[H.R. 1476: PLASMA Act](https://openamerica.io/bill/119-HR-1476/)
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