Bill
Bill > HR5145
US HR5145
US HR5145To 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
04/29/2016
In Committee
05/17/2016
05/17/2016
Crossed Over
Passed
Dead
01/03/2017
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)
Official Document
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