Legis Daily

Phair Relief Act of 2019

USA116th CongressS-2247| Senate 
| Updated: 7/24/2019
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (11)
Bill Cassidy (Republican)Cindy Hyde-Smith (Republican)Roger F. Wicker (Republican)Joe Manchin (Independent)Kevin Cramer (Republican)James Lankford (Republican)Jon Tester (Democratic)Sherrod Brown (Democratic)Cory Gardner (Republican)Steve Daines (Republican)Shelley Moore Capito (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Phair Relief Act of 2019 This bill establishes and otherwise modifies requirements for pharmacy benefit managers (PBMs), particularly with respect to the disclosure of certain drug pricing information. Among other things, the bill (1) requires PBMs to pass on a minimum percentage of negotiated rebates, discounts, or price concessions to plan sponsors; (2) temporarily requires negotiated prices for covered drugs under the Medicare prescription drug benefit to be provided at the point-of-sale; and (3) requires the Centers for Medicare & Medicaid Services to establish certain quality measures for determining pharmacy incentive payments.
View Full Text

Suggested Questions

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

Timeline
Jul 24, 2019
Introduced in Senate
Jul 24, 2019
Read twice and referred to the Committee on Finance.
  • July 24, 2019
    Introduced in Senate


  • July 24, 2019
    Read twice and referred to the Committee on Finance.

Health

Accounting and auditingGovernment information and archivesGovernment studies and investigationsHealth care costs and insuranceHealth care qualityInflation and pricesMedicarePrescription drugs

Phair Relief Act of 2019

USA116th CongressS-2247| Senate 
| Updated: 7/24/2019
Phair Relief Act of 2019 This bill establishes and otherwise modifies requirements for pharmacy benefit managers (PBMs), particularly with respect to the disclosure of certain drug pricing information. Among other things, the bill (1) requires PBMs to pass on a minimum percentage of negotiated rebates, discounts, or price concessions to plan sponsors; (2) temporarily requires negotiated prices for covered drugs under the Medicare prescription drug benefit to be provided at the point-of-sale; and (3) requires the Centers for Medicare & Medicaid Services to establish certain quality measures for determining pharmacy incentive payments.
View Full Text

Suggested Questions

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

Timeline
Jul 24, 2019
Introduced in Senate
Jul 24, 2019
Read twice and referred to the Committee on Finance.
  • July 24, 2019
    Introduced in Senate


  • July 24, 2019
    Read twice and referred to the Committee on Finance.
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (11)
Bill Cassidy (Republican)Cindy Hyde-Smith (Republican)Roger F. Wicker (Republican)Joe Manchin (Independent)Kevin Cramer (Republican)James Lankford (Republican)Jon Tester (Democratic)Sherrod Brown (Democratic)Cory Gardner (Republican)Steve Daines (Republican)Shelley Moore Capito (Republican)

Finance Committee

Health

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingGovernment information and archivesGovernment studies and investigationsHealth care costs and insuranceHealth care qualityInflation and pricesMedicarePrescription drugs