Know the Lowest Price Act of 2018

United States115th CongressS-2553Senate
Updated: Oct 10, 2018

Summary

Know the Lowest Price Act of 2018 (Sec. 2) This bill prohibits a prescription drug plan under Medicare or Medicare Advantage from restricting a pharmacy from informing an enrollee of any difference between the price, copayment, or coinsurance of a drug under the plan and a lower price of the drug without health-insurance coverage. (Such restrictions are commonly referred to as gag clauses.)

Bill texts

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Timeline

  1. Correct Enrollment

    House of Representatives

  2. Presented to President.

    House of Representatives

  3. Became Public Law No: 115-262.

    House of Representatives

  4. Signed by President.

    House of Representatives