Legis Daily

Fair AMP Act

USA116th CongressS-1785| Senate 
| Updated: 6/11/2019
Margaret Wood Hassan

Margaret Wood Hassan

Democratic Senator

New Hampshire

Cosponsors (5)
Bill Cassidy (Republican)Todd Young (Republican)Debbie Stabenow (Democratic)John Cornyn (Republican)Benjamin L. Cardin (Democratic)

Finance 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.
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Timeline
Jun 11, 2019
Introduced in Senate
Jun 11, 2019
Read twice and referred to the Committee on Finance.
Jun 14, 2019

Latest Companion Bill Action

HR 116-3276
Referred to the Subcommittee on Health.
  • June 11, 2019
    Introduced in Senate


  • June 11, 2019
    Read twice and referred to the Committee on Finance.


  • June 14, 2019

    Latest Companion Bill Action

    HR 116-3276
    Referred to the Subcommittee on Health.

Health

Related Bills

  • S 116-1801: Affordable Medications Act
  • HR 116-3276: Fair AMP Act
  • HR 116-4378: Continuing Appropriations Act, 2020, and Health Extenders Act of 2019
Health care costs and insuranceHealth programs administration and fundingInflation and pricesMedicaidPrescription drugsRetail and wholesale trades

Fair AMP Act

USA116th CongressS-1785| Senate 
| Updated: 6/11/2019
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.
View Full Text

Suggested Questions

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

Timeline
Jun 11, 2019
Introduced in Senate
Jun 11, 2019
Read twice and referred to the Committee on Finance.
Jun 14, 2019

Latest Companion Bill Action

HR 116-3276
Referred to the Subcommittee on Health.
  • June 11, 2019
    Introduced in Senate


  • June 11, 2019
    Read twice and referred to the Committee on Finance.


  • June 14, 2019

    Latest Companion Bill Action

    HR 116-3276
    Referred to the Subcommittee on Health.
Margaret Wood Hassan

Margaret Wood Hassan

Democratic Senator

New Hampshire

Cosponsors (5)
Bill Cassidy (Republican)Todd Young (Republican)Debbie Stabenow (Democratic)John Cornyn (Republican)Benjamin L. Cardin (Democratic)

Finance Committee

Health

Related Bills

  • S 116-1801: Affordable Medications Act
  • HR 116-3276: Fair AMP Act
  • HR 116-4378: Continuing Appropriations Act, 2020, and Health Extenders Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Health care costs and insuranceHealth programs administration and fundingInflation and pricesMedicaidPrescription drugsRetail and wholesale trades