US HB1588 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 34-0)
Status: Introduced on April 16 2013 - 25% progression, died in committee
Action: 2013-06-03 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Medicare Drug Savings Act of 2013 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act (SSA) to require drug manufacturers to pay the Secretary of Health and Human Services (HHS) drug rebates for rebate eligible (low-income) individuals. Excludes from Medicare coverage as a part D drug any drug or biological manufactured by a manufacturer that has not entered into and have in effect a rebate agreement with the Secretary. Requires a rebate agreement to require a drug or biological manufacturer to provide to the Secretary a rebate, determined according to a specified formula, for each rebate period ending after December 31, 2011, for any covered Medicare part D drug dispensed after that date to any rebate eligible individual for which payment was made by a prescription drug plan (PDP) sponsor or MedicareAdvantage (MA) organization for such period. Specifies a formula for determination of Medicaid rebate amounts for such drugs or biologicals. Amends SSA title XIX (Medicaid) to exclude any amounts paid under a rebate agreement from the determination of best price and average manufacturer price under the Medicaid program.

Tracking Information

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Title

Medicare Drug Savings Act of 2013

Sponsors


History

DateChamberAction
2013-06-03HouseReferred to the Subcommittee on Health.
2013-04-19HouseReferred to the Subcommittee on Health.
2013-04-16HouseReferred to House Ways and Means
2013-04-16HouseReferred to House Energy and Commerce
2013-04-16HouseReferred 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.

Same As/Similar To

SB740 (Same As) 2013-04-16 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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