Legis Daily

Drug-price Transparency for Consumers Act of 2023

USA118th CongressS-1250| Senate 
| Updated: 4/20/2023
Richard J. Durbin

Richard J. Durbin

Democratic Senator

Illinois

Cosponsors (8)
Mike Braun (Republican)J. D. Vance (Republican)Angus S. King (Independent)Tina Smith (Democratic)Sherrod Brown (Democratic)Tammy Baldwin (Democratic)Chuck Grassley (Republican)Richard Blumenthal (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Drug-price Transparency for Consumers Act of 2023 or the DTC Act of 202 3 This bill requires consumer advertisements for drugs and biologicals to include certain price information if the drug or biological is (1) covered under Medicare or Medicaid, and (2) required to include a risk summary under current law. The requirement does not apply to advertisements for drugs or biologicals with a wholesale cost of less than $35 for a one-month supply. Each violation of this requirement is subject to a civil penalty of not more than $100,000.
View Full Text

Suggested Questions

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

Timeline
Apr 20, 2023
Introduced in Senate
Apr 20, 2023
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1297; text: CR S1297-1298)
Dec 17, 2024

Latest Companion Bill Action

HR 118-5958
Referred to the Subcommittee on Health.
  • April 20, 2023
    Introduced in Senate


  • April 20, 2023
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1297; text: CR S1297-1298)


  • December 17, 2024

    Latest Companion Bill Action

    HR 118-5958
    Referred to the Subcommittee on Health.

Health

Related Bills

  • HR 118-5958: Drug-price Transparency for Consumers Act of 2023
Administrative law and regulatory proceduresCivil actions and liabilityDepartment of Health and Human ServicesHealth care costs and insuranceMarketing and advertisingPrescription drugs

Drug-price Transparency for Consumers Act of 2023

USA118th CongressS-1250| Senate 
| Updated: 4/20/2023
Drug-price Transparency for Consumers Act of 2023 or the DTC Act of 202 3 This bill requires consumer advertisements for drugs and biologicals to include certain price information if the drug or biological is (1) covered under Medicare or Medicaid, and (2) required to include a risk summary under current law. The requirement does not apply to advertisements for drugs or biologicals with a wholesale cost of less than $35 for a one-month supply. Each violation of this requirement is subject to a civil penalty of not more than $100,000.
View Full Text

Suggested Questions

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

Timeline
Apr 20, 2023
Introduced in Senate
Apr 20, 2023
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1297; text: CR S1297-1298)
Dec 17, 2024

Latest Companion Bill Action

HR 118-5958
Referred to the Subcommittee on Health.
  • April 20, 2023
    Introduced in Senate


  • April 20, 2023
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1297; text: CR S1297-1298)


  • December 17, 2024

    Latest Companion Bill Action

    HR 118-5958
    Referred to the Subcommittee on Health.
Richard J. Durbin

Richard J. Durbin

Democratic Senator

Illinois

Cosponsors (8)
Mike Braun (Republican)J. D. Vance (Republican)Angus S. King (Independent)Tina Smith (Democratic)Sherrod Brown (Democratic)Tammy Baldwin (Democratic)Chuck Grassley (Republican)Richard Blumenthal (Democratic)

Finance Committee

Health

Related Bills

  • HR 118-5958: Drug-price Transparency for Consumers Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresCivil actions and liabilityDepartment of Health and Human ServicesHealth care costs and insuranceMarketing and advertisingPrescription drugs