Prescription Drug Price Fairness Act

Summary

Prescription Drug Price Fairness Act - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to: (1) grant the Secretary of Health and Human Services authority similar to that of the Secretary of Veterans Affairs to negotiate the lowest possible prices for outpatient prescription drugs; (2) include prices charged for covered outpatient drugs to certain Federal agencies in the determination of best price for such drugs under the Medicaid program; and (3) allow States, in entering into rebate agreements with manufacturers, to form pools to negotiate price concessions from the manufacturers for covered outpatient drugs.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 May 2005

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• Introduced in House (PDF)

  Introduced in House · EN · 5 May 2005

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• Introduced in House

  summary · EN · 5 May 2005

  Open at official source

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