US SB506 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 12 2015 - 25% progression, died in committee
Action: 2015-02-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes. Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to exclude from the average sales price in calculating Medicare payments for drugs and biologicals any customary prompt pay discounts from manufacturers to wholesalers.

Tracking Information

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Title

A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes.

Sponsors


History

DateChamberAction
2015-02-12SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB696 (Same As) 2015-02-27 - Referred to the Subcommittee on Health.

Subjects


US Congress State Sources


Bill Comments

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