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United States · Bill · S

S. 474 (116th)

Stopping the Pharmaceutical Industry from Keeping drugs Expensive (SPIKE) Act of 2019

referredUnited States· United States Congress· EN

Introduced

13 February 2019

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2019 This bill requires manufacturers of drugs with specified percentage increases in their wholesale costs to submit to the Centers for Medicare & Medicaid Services (CMS) written justification for certain increases in drug prices. The CMS shall publish each submission, together with an easily understandable summary, on its website. Certain proprietary information may be excluded from publication, as specified by the bill. A manufacturer that does not comply with the bill's requirements shall be subject to civil monetary penalties.

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Documents

3 official files

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