119th Congress Health
S. 1186: Lower Drug Costs for Families Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill applies certain Medicare prescription drug rebate requirements to prescription drugs that are available under private health insurance.
Current law requires drug manufacturers to issue rebates to the Centers for Medicare & Medicaid Services for brand-name drugs without generic equivalents under Medicare that (1) cost $100 or more per year per individual, and (2) for which prices increase faster than inflation. Manufacturers that fail to comply are subject to civil penalties.
The bill applies these requirements to prescription drugs that are available in the commercial market under private health insurance. It also indexes rebate calculations to drug prices in 2016 (as opposed to 2021).
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Tammy Baldwin D-WIOriginal
- Richard Blumenthal D-CTOriginal
- Ruben Gallego D-AZOriginal
- John Hickenlooper D-COOriginal
- Amy Klobuchar D-MNOriginal
- Angus King I-MEOriginal
- John Reed D-RIOriginal
- Tina Smith D-MNOriginal
- Elissa Slotkin D-MIOriginal
- Ron Wyden D-OROriginal
- Peter Welch D-VTOriginal
- Ben Luján D-NM
- Jeff Merkley D-OR
Who scored on this bill
- 1Catherine Cortez Masto SponsorDrew cross-party cosponsors, introduced2 events+6
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History
- Introduced in the Senate by Catherine Cortez Masto.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance.