Bill

Bill > HR8529


US HR8529

US HR8529
Protecting Access to Affordable Medicines Act of 2020


summary

Introduced
10/06/2020
In Committee
10/06/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend title XIX of the Social Security Act to prohibit additional rebates under the Medicaid program for certain noninnovator multiple source drugs. This bill prohibits additional rebates for certain drugs under the Medicaid Drug Rebate Program. Specifically, the bill prohibits additional rebates with respect to noninnovator multiple-source drugs (i.e., generics) for which the average manufacturer price is less than $1.

AI Summary

This bill prohibits additional rebates under the Medicaid program for certain generic drugs, specifically noninnovator multiple-source drugs (i.e., generics) for which the average manufacturer price is less than $1 per unit. The Medicaid Drug Rebate Program requires drug manufacturers to provide rebates to state Medicaid programs, and this bill prevents those additional rebates from being applied to certain low-cost generic drugs. The goal is to maintain access to affordable generic medicines for Medicaid beneficiaries.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Referred to the House Committee on Energy and Commerce. (on 10/06/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...