Fair Medicaid Drug Payment Act of 2007

Summary

Fair Medicaid Drug Payment Act of 2007 - Amends title XIX (Medicaid) of the Social Security Act to direct the Secretary of Health and Human Services to calculate the federal upper reimbursement limit as no less than 300% of the weighted average (based on utilization) of the most recent average manufacturer prices (AMPs) for pharmaceutically and therapeutically equivalent multiple source drug products available for purchase by retail community pharmacies on a nationwide basis. Directs the Secretary to implement a smoothing process for AMPs to ensure that federal upper reimbursement limits do not vary significantly from month to month as a result of rebates, discounts, and other pricing practices. Requires a state plan to subject to prior authorization all covered outpatient drug products that are innovator multiple source drugs, if such drug products are more expensive than other biologically and therapeutically equivalent drug products available for purchase in that state by retail community pharmacies. Revises requirements for monthly reports to the Secretary of price information by manufacturers subject to rebate agreements.

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Timeline

1. 2 August 2007

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 2 August 2007

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 2 August 2007 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 2 August 2007

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 2 August 2007

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in Senate

  summary · EN · 2 August 2007

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Baucus, Max [D-MT] · D · Sponsor
• Sen. Lincoln, Blanche L. [D-AR] · D · Sponsor
• Sen. Salazar, Ken [D-CO] · D · Sponsor
• Sen. Lieberman, Joseph I. [ID-CT] · ID · Sponsor
• Sen. Roberts, Pat [R-KS] · R · Sponsor
• Sen. Cochran, Thad [R-MS] · R · Sponsor
• Sen. Smith, Gordon H. [R-OR] · R · Sponsor
• Sen. Lott, Trent [R-MS] · R · Sponsor
• Sen. Bingaman, Jeff [D-NM] · D · Cosponsor
• Sen. Hagel, Chuck [R-NE] · R · Cosponsor
• Sen. Whitehouse, Sheldon [D-RI] · D · Cosponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
• Sen. Johnson, Tim [D-SD] · D · Cosponsor
• Sen. Menendez, Robert [D-NJ] · D · Cosponsor
• Sen. Durbin, Richard J. [D-IL] · D · Cosponsor
• Sen. Sanders, Bernard [I-VT] · I · Cosponsor
• Sen. Dorgan, Byron L. [D-ND] · D · Cosponsor
• Sen. Coleman, Norm [R-MN] · R · Cosponsor
• Sen. Brown, Sherrod [D-OH] · D · Cosponsor
• Sen. Collins, Susan M. [R-ME] · R · Cosponsor
• Sen. Wyden, Ron [D-OR] · D · Cosponsor
• Sen. Conrad, Kent [D-ND] · D · Cosponsor
• Sen. Kerry, John F. [D-MA] · D · Cosponsor
• Sen. Pryor, Mark L. [D-AR] · D · Cosponsor
• Sen. Inouye, Daniel K. [D-HI] · D · Cosponsor
• Sen. Cantwell, Maria [D-WA] · D · Cosponsor
• Sen. Landrieu, Mary L. [D-LA] · D · Cosponsor
• Sen. Tester, Jon [D-MT] · D · Cosponsor
• Sen. Corker, Bob [R-TN] · R · Cosponsor
• Sen. Schumer, Charles E. [D-NY] · D · Cosponsor
• Sen. Stabenow, Debbie [D-MI] · D · Cosponsor
• Sen. Lautenberg, Frank R. [D-NJ] · D · Cosponsor
• Sen. Isakson, Johnny [R-GA] · R · Cosponsor
• Sen. Nelson, Bill [D-FL] · D · Cosponsor
• Sen. Murray, Patty [D-WA] · D · Cosponsor
• Sen. Obama, Barack [D-IL] · D · Cosponsor
• Sen. Snowe, Olympia J. [R-ME] · R · Cosponsor
• Sen. Harkin, Tom [D-IA] · D · Cosponsor
• Sen. Kennedy, Edward M. [D-MA] · D · Cosponsor
• Sen. Chambliss, Saxby [R-GA] · R · Cosponsor
• Sen. Reed, Jack [D-RI] · D · Cosponsor
• Sen. Klobuchar, Amy [D-MN] · D · Cosponsor
• Sen. Brownback, Sam [R-KS] · R · Cosponsor
• Sen. Clinton, Hillary Rodham [D-NY] · D · Cosponsor
• Sen. Rockefeller, John D., IV [D-WV] · D · Cosponsor
• Sen. Wicker, Roger F. [R-MS] · R · Cosponsor
• Sen. Mikulski, Barbara A. [D-MD] · D · Cosponsor
• Sen. Levin, Carl [D-MI] · D · Cosponsor

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Related records

• related to → Fair Medicaid Drug Payment Act of 2007