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Acting to Cancel Copays and Ensure Substantial Savings for Biosimilars Act of 2020

USA116th CongressS-3466| Senate 
| Updated: 3/12/2020
Martha McSally

Martha McSally

Republican Senator

Arizona

Cosponsors (1)
Doug Jones (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Acting to Cancel Copays and Ensure Substantial Savings for Biosimilars Act of 2020 or the ACCESS for Biosimilars Act of 2020 This bill temporarily eliminates cost-sharing for biosimilar biological products for certain qualifying beneficiaries under Medicare medical services. Specifically, the bill eliminates cost-sharing for beneficiaries whose coverage under private health insurance, a federal program (other than Medicare), a Medicare supplemental policy, or Medicare Advantage does not already do so. The Centers for Medicare & Medicaid Services must establish a process for determining a beneficiary's eligibility and notifying Medicare Advantage organizations of such determinations. The bill's provisions apply to products that are furnished during the five-year period beginning on January 1, 2021, or the date on which the product is first marketed, whichever is later.
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Timeline
Mar 12, 2020
Introduced in Senate
Mar 12, 2020
Read twice and referred to the Committee on Finance.
  • March 12, 2020
    Introduced in Senate


  • March 12, 2020
    Read twice and referred to the Committee on Finance.

Health

Related Bills

  • HR 116-4597: ACCESS for Biosimilars Act of 2019
Health care costs and insuranceMedicarePrescription drugs

Acting to Cancel Copays and Ensure Substantial Savings for Biosimilars Act of 2020

USA116th CongressS-3466| Senate 
| Updated: 3/12/2020
Acting to Cancel Copays and Ensure Substantial Savings for Biosimilars Act of 2020 or the ACCESS for Biosimilars Act of 2020 This bill temporarily eliminates cost-sharing for biosimilar biological products for certain qualifying beneficiaries under Medicare medical services. Specifically, the bill eliminates cost-sharing for beneficiaries whose coverage under private health insurance, a federal program (other than Medicare), a Medicare supplemental policy, or Medicare Advantage does not already do so. The Centers for Medicare & Medicaid Services must establish a process for determining a beneficiary's eligibility and notifying Medicare Advantage organizations of such determinations. The bill's provisions apply to products that are furnished during the five-year period beginning on January 1, 2021, or the date on which the product is first marketed, whichever is later.
View Full Text

Suggested Questions

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

Timeline
Mar 12, 2020
Introduced in Senate
Mar 12, 2020
Read twice and referred to the Committee on Finance.
  • March 12, 2020
    Introduced in Senate


  • March 12, 2020
    Read twice and referred to the Committee on Finance.
Martha McSally

Martha McSally

Republican Senator

Arizona

Cosponsors (1)
Doug Jones (Democratic)

Finance Committee

Health

Related Bills

  • HR 116-4597: ACCESS for Biosimilars Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Health care costs and insuranceMedicarePrescription drugs