Prescription Pricing for the People Act of 2025

Summary

Prescription Pricing for the People Act of 20 25 This bill requires the Federal Trade Commission (FTC) to report about anticompetitive practices and other trends within the pharmaceutical supply chain that may impact the cost of prescription drugs. The report must address whether pharmacy benefit managers (PBMs) (1) reimburse pharmacies owned by the PBM at a higher price than other pharmacies, and (2) implement formulary designs to increase the market share of higher-cost prescription drugs or depress the market share of lower-cost prescription drugs. The FTC also must provide recommendations to increase transparency in the supply chain, prevent anticompetitive practices, and ensure that consumers benefit from cost savings or efficiencies that result from mergers and consolidations. Additionally, the FTC must report the number and nature of complaints the FTC receives relating to an allegation of anticompetitive conduct by a manufacturer of a sole-source drug.

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Timeline

1. 11 February 2025

   Introduced

   Read twice and referred to the Committee on the Judiciary.

   Source: IntroReferral

2. 11 February 2025

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 3 April 2025

   Reported

   Committee on the Judiciary. Ordered to be reported without amendment favorably.

   Source: Committee

4. 10 April 2025

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 42.

   Source: Calendars

5. 10 April 2025

   Reported

   Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.

   Source: Committee

6. 10 April 2025

   Reported

   Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.

   Source: Committee

Votes

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Versions

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Documents

3 official files

• Reported to Senate

  Reported to Senate · EN · 10 April 2025

  DownloadOpen at official source

• Introduced in Senate

  Introduced in Senate · EN · 11 February 2025

  DownloadOpen at official source

• Introduced in Senate

  summary · EN · 11 February 2025

  Open at official source

Sponsors

• Sen. Grassley, Chuck [R-IA] · R · Sponsor
• Sen. Cantwell, Maria [D-WA] · D · Sponsor
• Sen. Marshall, Roger [R-KS] · R · Sponsor
• Sen. Welch, Peter [D-VT] · D · Sponsor
• Sen. Tuberville, Tommy [R-AL] · R · Sponsor
• Sen. Coons, Christopher A. [D-DE] · D · Sponsor
• Sen. Tillis, Thomas [R-NC] · R · Sponsor
• Sen. Blumenthal, Richard [D-CT] · D · Sponsor
• Sen. Capito, Shelley Moore [R-WV] · R · Sponsor
• Sen. Hirono, Mazie K. [D-HI] · D · Sponsor
• Sen. Lankford, James [R-OK] · R · Sponsor
• Sen. Boozman, John [R-AR] · R · Cosponsor
• Sen. Blackburn, Marsha [R-TN] · R · Cosponsor
• Sen. Warnock, Raphael G. [D-GA] · D · Cosponsor
• · ssju00 · Standing

Related records

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