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A bill to improve access to affordable prescription drugs.

USA115th CongressS-771| Senate 
| Updated: 3/29/2017
Al Franken

Al Franken

Democratic Senator

Minnesota

Cosponsors (15)
Margaret Wood Hassan (Democratic)Tom Udall (Democratic)Richard J. Durbin (Democratic)Jack Reed (Democratic)Kirsten E. Gillibrand (Democratic)Elizabeth Warren (Democratic)Amy Klobuchar (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Sherrod Brown (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill amends provisions of various laws relating to prescription-drug pricing and affordability. Specifically, the bill: expands reporting requirements for drug manufacturers and establishes corresponding civil penalties for noncompliance; adds reporting requirements for certain nonprofit patient-assistance programs; requires the Government Accountability Office (GAO) to report to Congress on the impact of patient-assistance programs on prescription-drug pricing and expenditures; requires the Centers for Medicare & Medicaid Services (CMS) to negotiate prices for certain prescription drugs under the Medicare program; requires the GAO to report to Congress on such negotiations conducted by the CMS; requires the Centers for Medicare and Medicaid Innovation within the CMS to test specified models for negotiating drug prices; establishes reporting requirements, and corresponding civil penalties for noncompliance, for pharmaceutical companies with respect to spikes in prescription-drug prices; establishes an excise tax on prescription drugs subject to price spikes; lessens prescription-drug cost-sharing requirements under qualified health plans, group health plans, and the Medicare program; modifies provisions related to the importation of prescription drugs; requires drug manufacturers to provide drug rebates for drugs dispensed to certain low-income individuals under the Medicare program; establishes a prize fund for new and more effective treatments of bacterial infections; establishes a Center for Clinical Research within the National Institutes of Health; modifies provisions related to drug exclusivity; allows the Federal Trade Commission to initiate enforcement proceedings against parties to an agreement resolving or settling a patent-infringement claim in connection with the sale of a drug product; requires the Food and Drug Administration to establish a database of generic drugs; and modifies other provisions related to generic drugs, prescription-drug advertising, and product hopping.
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Timeline
Mar 29, 2017
Introduced in Senate
Mar 29, 2017
Read twice and referred to the Committee on Finance.
Apr 5, 2017

Latest Companion Bill Action

HR 115-1776
Referred to the Subcommittee on Health.
  • March 29, 2017
    Introduced in Senate


  • March 29, 2017
    Read twice and referred to the Committee on Finance.


  • April 5, 2017

    Latest Companion Bill Action

    HR 115-1776
    Referred to the Subcommittee on Health.

Health

Related Bills

  • HR 115-6340: To amend the Patient Protection and Affordable Care Act to cap prescription drug cost-sharing, and for other purposes.
  • S 115-2478: A bill to amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
  • HR 115-1776: To improve access to affordable prescription drugs.
  • S 115-469: A bill to amend the Federal Food, Drug, and Cosmetic Act to allow for the importation of affordable and safe drugs by wholesale distributors, pharmacies, and individuals.
  • S 115-3411: A bill to ensure medications are affordable.
  • HR 115-1245: To amend the Federal Food, Drug, and Cosmetic Act to allow for the importation of affordable and safe drugs by wholesale distributors, pharmacies, and individuals.
  • S 115-2476: A bill to amend the Federal Food, Drug, and Cosmetic Act to ensure that valid generic drugs may enter the market.
  • S 115-1688: A bill to amend title XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program.
  • S 115-252: A bill to amend title XVIII of the Social Security Act to require drug manufacturers to provide drug rebates for drugs dispensed to low-income individuals under the Medicare prescription drug benefit program.
  • S 115-348: A bill to amend title XVIII of the Social Security Act to require the Secretary of Health and Human Services to negotiate lower covered part D drug prices on behalf of Medicare beneficiaries.
Administrative law and regulatory proceduresAdministrative remediesBusiness recordsCanadaCancerCivil actions and liabilityCompetition and antitrustCongressional oversightConsumer affairsCorporate finance and managementDepartment of Health and Human ServicesDrug safety, medical device, and laboratory regulationDrug therapyExecutive agency funding and structureFederal Trade Commission (FTC)Government information and archivesGovernment studies and investigationsGovernment trust fundsHealth care costs and insuranceHealth care coverage and accessHealth programs administration and fundingIncome tax deductionsInfectious and parasitic diseasesInflation and pricesJudicial review and appealsLicensing and registrationsMarketing and advertisingMedicaidMedical researchMedicareNational Institutes of Health (NIH)Prescription drugsPublic contracts and procurementResearch and developmentRetail and wholesale tradesTrade restrictionsUser charges and feesVeterans' medical care

A bill to improve access to affordable prescription drugs.

USA115th CongressS-771| Senate 
| Updated: 3/29/2017
This bill amends provisions of various laws relating to prescription-drug pricing and affordability. Specifically, the bill: expands reporting requirements for drug manufacturers and establishes corresponding civil penalties for noncompliance; adds reporting requirements for certain nonprofit patient-assistance programs; requires the Government Accountability Office (GAO) to report to Congress on the impact of patient-assistance programs on prescription-drug pricing and expenditures; requires the Centers for Medicare & Medicaid Services (CMS) to negotiate prices for certain prescription drugs under the Medicare program; requires the GAO to report to Congress on such negotiations conducted by the CMS; requires the Centers for Medicare and Medicaid Innovation within the CMS to test specified models for negotiating drug prices; establishes reporting requirements, and corresponding civil penalties for noncompliance, for pharmaceutical companies with respect to spikes in prescription-drug prices; establishes an excise tax on prescription drugs subject to price spikes; lessens prescription-drug cost-sharing requirements under qualified health plans, group health plans, and the Medicare program; modifies provisions related to the importation of prescription drugs; requires drug manufacturers to provide drug rebates for drugs dispensed to certain low-income individuals under the Medicare program; establishes a prize fund for new and more effective treatments of bacterial infections; establishes a Center for Clinical Research within the National Institutes of Health; modifies provisions related to drug exclusivity; allows the Federal Trade Commission to initiate enforcement proceedings against parties to an agreement resolving or settling a patent-infringement claim in connection with the sale of a drug product; requires the Food and Drug Administration to establish a database of generic drugs; and modifies other provisions related to generic drugs, prescription-drug advertising, and product hopping.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 29, 2017
Introduced in Senate
Mar 29, 2017
Read twice and referred to the Committee on Finance.
Apr 5, 2017

Latest Companion Bill Action

HR 115-1776
Referred to the Subcommittee on Health.
  • March 29, 2017
    Introduced in Senate


  • March 29, 2017
    Read twice and referred to the Committee on Finance.


  • April 5, 2017

    Latest Companion Bill Action

    HR 115-1776
    Referred to the Subcommittee on Health.
Al Franken

Al Franken

Democratic Senator

Minnesota

Cosponsors (15)
Margaret Wood Hassan (Democratic)Tom Udall (Democratic)Richard J. Durbin (Democratic)Jack Reed (Democratic)Kirsten E. Gillibrand (Democratic)Elizabeth Warren (Democratic)Amy Klobuchar (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Sherrod Brown (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Finance Committee

Health

Related Bills

  • HR 115-6340: To amend the Patient Protection and Affordable Care Act to cap prescription drug cost-sharing, and for other purposes.
  • S 115-2478: A bill to amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
  • HR 115-1776: To improve access to affordable prescription drugs.
  • S 115-469: A bill to amend the Federal Food, Drug, and Cosmetic Act to allow for the importation of affordable and safe drugs by wholesale distributors, pharmacies, and individuals.
  • S 115-3411: A bill to ensure medications are affordable.
  • HR 115-1245: To amend the Federal Food, Drug, and Cosmetic Act to allow for the importation of affordable and safe drugs by wholesale distributors, pharmacies, and individuals.
  • S 115-2476: A bill to amend the Federal Food, Drug, and Cosmetic Act to ensure that valid generic drugs may enter the market.
  • S 115-1688: A bill to amend title XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program.
  • S 115-252: A bill to amend title XVIII of the Social Security Act to require drug manufacturers to provide drug rebates for drugs dispensed to low-income individuals under the Medicare prescription drug benefit program.
  • S 115-348: A bill to amend title XVIII of the Social Security Act to require the Secretary of Health and Human Services to negotiate lower covered part D drug prices on behalf of Medicare beneficiaries.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresAdministrative remediesBusiness recordsCanadaCancerCivil actions and liabilityCompetition and antitrustCongressional oversightConsumer affairsCorporate finance and managementDepartment of Health and Human ServicesDrug safety, medical device, and laboratory regulationDrug therapyExecutive agency funding and structureFederal Trade Commission (FTC)Government information and archivesGovernment studies and investigationsGovernment trust fundsHealth care costs and insuranceHealth care coverage and accessHealth programs administration and fundingIncome tax deductionsInfectious and parasitic diseasesInflation and pricesJudicial review and appealsLicensing and registrationsMarketing and advertisingMedicaidMedical researchMedicareNational Institutes of Health (NIH)Prescription drugsPublic contracts and procurementResearch and developmentRetail and wholesale tradesTrade restrictionsUser charges and feesVeterans' medical care