Health Subcommittee, Energy and Commerce Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Fair and Accurate Medicaid Pricing Act of 2019 or the Fair AMP Act This bill alters certain requirements and definitions under the Medicaid Drug Rebate Program relating to rebate calculations. Specifically, the bill repeals the requirement that drug manufacturers include the prices of certain authorized generic drugs when determining the average manufacturer price (AMP) of brand-name drugs (also known as a "blended AMP"), and excludes manufacturers from the definition of "wholesalers" for purposes of rebate calculations.
Health care costs and insuranceHealth programs administration and fundingInflation and pricesMedicaidPrescription drugsRetail and wholesale trades
Fair AMP Act
USA116th CongressHR-3276| House
| Updated: 6/14/2019
Fair and Accurate Medicaid Pricing Act of 2019 or the Fair AMP Act This bill alters certain requirements and definitions under the Medicaid Drug Rebate Program relating to rebate calculations. Specifically, the bill repeals the requirement that drug manufacturers include the prices of certain authorized generic drugs when determining the average manufacturer price (AMP) of brand-name drugs (also known as a "blended AMP"), and excludes manufacturers from the definition of "wholesalers" for purposes of rebate calculations.