Bill

Bill > HR2038


US HR2038

State-Based, Market-Oriented, Prescription Drug Negotiations Act of 2019


summary

Introduced
04/02/2019
In Committee
05/15/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To allow State-based, market-oriented, prescription drug negotiations to lower pharmaceutical drug prices, to encourage competition, to increase consumer choice and access, and for other purposes. 1

AI Summary

This bill, the State-Based, Market-Oriented, Prescription Drug Negotiations Act of 2019, aims to allow private health insurance issuers to jointly negotiate wholesale acquisition prices of prescription drugs with manufacturers. The bill provides an antitrust exemption for such negotiations, as long as no single wholesale acquisition price is jointly determined between the insurance issuers or their agents. The key terms defined in the bill include "antitrust laws," "health insurance issuer," "health maintenance organization," and "manufacturer." The bill would take effect upon enactment and would not apply to conduct that occurred before the date of enactment.

Committee Categories

Government Affairs, Justice

Sponsors (3)

Last Action

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. (on 05/15/2019)

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