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Life-Sustaining Prescription Drug Price Relief Act of 2019

USA116th CongressHR-5039| House 
| Updated: 11/14/2019
Daniel Lipinski

Daniel Lipinski

Democratic Representative

Illinois

Ways and Means Committee, Health Subcommittee, Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Life-Sustaining Prescription Drug Price Relief Act of 2019 This bill establishes a series of oversight and disclosure requirements relating to the prices of life-sustaining prescription drugs. Specifically, the bill requires the Department of Health and Human Services (HHS) to review at least annually all life-sustaining drugs for excessive pricing; HHS must also review prices upon petition. HHS must create a public database with its determinations for each drug and report its overall findings and related activities. Under the bill, a price is considered excessive if the domestic average manufacturing price exceeds 110% of the average price for the drug in Canada, the United Kingdom, Germany, France, and Japan. If a price does not meet this criteria, or if pricing information is unavailable in at least three of the aforementioned countries, the price is still considered excessive if it is higher than reasonable in light of specified factors, including cost, revenue, and the size of the affected patient population. The bill also requires drug manufacturers, subject to civil penalties, to (1) report specified financial information for life-sustaining drugs, including research and advertising expenditures; and (2) negotiate the prices of excessively priced life-sustaining drugs under the Medicare prescription drug benefit with HHS.
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Timeline
Nov 12, 2019
Introduced in House
Nov 12, 2019
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 13, 2019
Referred to the Subcommittee on Health.
Nov 14, 2019
Sponsor introductory remarks on measure. (CR H8836)
  • November 12, 2019
    Introduced in House


  • November 12, 2019
    Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • November 13, 2019
    Referred to the Subcommittee on Health.


  • November 14, 2019
    Sponsor introductory remarks on measure. (CR H8836)

Health

AsiaBusiness recordsCanadaCivil actions and liabilityCongressional oversightDepartment of Health and Human ServicesEuropeFranceGermanyGovernment information and archivesGovernment trust fundsHealth care costs and insuranceHealth information and medical recordsInflation and pricesJapanManufacturingMarketing and advertisingMedical researchMedicareNorth AmericaPrescription drugsResearch and developmentUnited Kingdom

Life-Sustaining Prescription Drug Price Relief Act of 2019

USA116th CongressHR-5039| House 
| Updated: 11/14/2019
Life-Sustaining Prescription Drug Price Relief Act of 2019 This bill establishes a series of oversight and disclosure requirements relating to the prices of life-sustaining prescription drugs. Specifically, the bill requires the Department of Health and Human Services (HHS) to review at least annually all life-sustaining drugs for excessive pricing; HHS must also review prices upon petition. HHS must create a public database with its determinations for each drug and report its overall findings and related activities. Under the bill, a price is considered excessive if the domestic average manufacturing price exceeds 110% of the average price for the drug in Canada, the United Kingdom, Germany, France, and Japan. If a price does not meet this criteria, or if pricing information is unavailable in at least three of the aforementioned countries, the price is still considered excessive if it is higher than reasonable in light of specified factors, including cost, revenue, and the size of the affected patient population. The bill also requires drug manufacturers, subject to civil penalties, to (1) report specified financial information for life-sustaining drugs, including research and advertising expenditures; and (2) negotiate the prices of excessively priced life-sustaining drugs under the Medicare prescription drug benefit with HHS.
View Full Text

Suggested Questions

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

Timeline
Nov 12, 2019
Introduced in House
Nov 12, 2019
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 13, 2019
Referred to the Subcommittee on Health.
Nov 14, 2019
Sponsor introductory remarks on measure. (CR H8836)
  • November 12, 2019
    Introduced in House


  • November 12, 2019
    Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • November 13, 2019
    Referred to the Subcommittee on Health.


  • November 14, 2019
    Sponsor introductory remarks on measure. (CR H8836)
Daniel Lipinski

Daniel Lipinski

Democratic Representative

Illinois

Ways and Means Committee, Health Subcommittee, Energy and Commerce Committee

Health

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AsiaBusiness recordsCanadaCivil actions and liabilityCongressional oversightDepartment of Health and Human ServicesEuropeFranceGermanyGovernment information and archivesGovernment trust fundsHealth care costs and insuranceHealth information and medical recordsInflation and pricesJapanManufacturingMarketing and advertisingMedical researchMedicareNorth AmericaPrescription drugsResearch and developmentUnited Kingdom