Medicare Prescription Drug Price Negotiation Act

Summary

Medicare Prescription Drug Price Negotiation Act - Requires each participating manufacturer of a covered outpatient drug to make such drugs available for purchase by any qualified Federal health care provider, by each pharmacy, and by each provider of services, physician, practitioner, and supplier under the Medicare program at a price that the Secretary of Health and Human Services, in conjunction with the Secretary of Defense and the Secretary of Veterans Affairs, negotiates with the manufacturer. Provides that the amount of such a drug made available for purchase is equal to the sum of the aggregate amounts of the drug dispensed by pharmacies to Medicare beneficiaries plus the aggregate amounts dispensed through qualified Federal health care providers. Requires the Secretary, in conducting negotiations with participating manufacturers, to take into account the goal of promoting the development of breakthrough drugs. Requires the United States to exclude from Government contracting and subcontracting, for a period of time, a manufacturer of drugs or biologicals that does not comply with this Act. Directs the Secretary to establish a mechanism (such as an ombudsman) for the resolution of disputes between Medicare beneficiaries and prescription drug resellers and drug manufacturers in order to protect such beneficiaries and to ensure that: (1) prescription drug resellers are not artifically increasing prices charged to Medicare beneficiaries (above those negotiated under this Act) in places (such as rural areas) where there is less competition; and (2) such resellers are not colluding on prices in areas with more potential significant competition.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 26 May 2005

   Introduced

   Introduced in House

   Source: IntroReferral

2. 26 May 2005

   Introduced

   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.

   Source: IntroReferral

3. 26 May 2005

   Introduced

   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.

   Source: IntroReferral

4. 26 May 2005

   Introduced

   Introduced in House

   Source: IntroReferral

5. 6 June 2005

   Referred

   Referred to the Subcommittee on Health.

   Source: Committee

6. 17 June 2005

   Referred

   Referred to the Subcommittee on Health.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 May 2005 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 May 2005

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 May 2005

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 26 May 2005

  Open at official source

Sponsors

• John Larson · D · Sponsor
• Raúl Grijalva · D · Sponsor
• Rep. Hinchey, Maurice D. [D-NY-22] · D · Sponsor
• Rep. Doggett, Lloyd [D-TX-37] · D · Cosponsor
• · hsif00 · Standing
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.