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Bill > HR5145


US HR5145

US HR5145
To amend title XIX of the Social Security Act to exclude abuse-deterrent formulations of prescription drugs from the Medicaid additional rebate requirement for new formulations of prescription drugs, and for other purposes.


summary

Introduced
04/29/2016
In Committee
05/17/2016
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

To amend title XIX of the Social Security Act to exclude abuse-deterrent formulations of prescription drugs from the Medicaid additional rebate requirement for new formulations of prescription drugs, and for other purposes.

AI Summary

This bill amends Title XIX of the Social Security Act, which governs the Medicaid program, to exclude drugs specifically designed to deter abuse, known as "abuse-deterrent formulations," from a requirement that drug manufacturers provide additional rebates to Medicaid for new formulations of their drugs. This means manufacturers will not have to offer these extra discounts for abuse-deterrent versions of existing medications. Additionally, the bill creates new protections for "covered algorithms," which are technologies used to identify and prevent waste, fraud, and abuse in programs like Medicaid and Medicare, ensuring that these proprietary algorithms are not subject to public disclosure under the Freedom of Information Act (FOIA) and limiting their use and disclosure by state agencies to program administration and fraud prevention efforts. Finally, it allocates $5 million annually to the Medicaid Improvement Fund starting in fiscal year 2021.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (2)

Last Action

Referred to the Subcommittee on Health. (on 05/17/2016)

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