Transparent Drug Pricing Act of 2019 This bill establishes several requirements relating to the prices of prescription drugs. For example, state Medicaid drug-use review programs must require pharmacists to disclose an individual's out-of-pocket cost for a prescription drug, and the price without health insurance, at the point-of-sale. Additionally, health insurers must publish the co-payment amount for each covered prescription drug prior to the annual open-enrollment period. The bill also temporarily prohibits the retail list price of drugs and biologics from exceeding the lowest retail list price among Canada, France, the United Kingdom, Japan, or Germany.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health
AsiaCanadaConsumer affairsEmployee benefits and pensionsEuropeFranceGermanyHealth care costs and insuranceHealth care coverage and accessInflation and pricesJapanPrescription drugsRetail and wholesale tradesUnited Kingdom
Transparent Drug Pricing Act of 2019
USA116th CongressS-977| Senate
| Updated: 4/1/2019
Transparent Drug Pricing Act of 2019 This bill establishes several requirements relating to the prices of prescription drugs. For example, state Medicaid drug-use review programs must require pharmacists to disclose an individual's out-of-pocket cost for a prescription drug, and the price without health insurance, at the point-of-sale. Additionally, health insurers must publish the co-payment amount for each covered prescription drug prior to the annual open-enrollment period. The bill also temporarily prohibits the retail list price of drugs and biologics from exceeding the lowest retail list price among Canada, France, the United Kingdom, Japan, or Germany.
AsiaCanadaConsumer affairsEmployee benefits and pensionsEuropeFranceGermanyHealth care costs and insuranceHealth care coverage and accessInflation and pricesJapanPrescription drugsRetail and wholesale tradesUnited Kingdom