US SB2247 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Republican 9-3)
Status: Introduced on July 24 2019 - 25% progression, died in committee
Action: 2019-07-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishes and otherwise modifies requirements for pharmacy benefit managers (PBMs), particularly with respect to the disclosure of certain drug pricing information. Among other things, the bill (1) requires PBMs to pass on a minimum percentage of negotiated rebates, discounts, or price concessions to plan sponsors; (2) temporarily requires negotiated prices for covered drugs under the Medicare prescription drug benefit to be provided at the point-of-sale; and (3) requires the Centers for Medicare & Medicaid Services to establish certain quality measures for determining pharmacy incentive payments.

Tracking Information

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Title

Phair Relief Act of 2019

Sponsors


History

DateChamberAction
2019-07-24SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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