S 640 · 116th Congress 2019โ€“2021, ended

Phair Pricing Act of 2019

Latest action · Mar 4, 2019 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 4, 2019
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Phair Pricing Act of 2019

This bill requires that certain negotiated prices for covered drugs under the Medicare prescription drug benefit be disclosed at the point-of-sale.

Specifically, negotiated prices offered under a prescription drug plan (PDP) must be disclosed at the point-of-sale; the disclosed price must include specified adjustments, payments, and fees that are negotiated with the pharmacy (e.g., dispensing fees) by the PDP sponsor or pharmacy benefit manager.

Additionally, the Centers for Medicare & Medicaid Services must establish certain quality measures for PDP sponsors to use when determining incentive payments and adjustments (e.g., performance payments) to pharmacies.

Cosponsors 14

Members who signed on, in the order they did. Signatures ran from May 21, 2019 to Sep 24, 2019.

SeatCosponsorSigned on
R-WVShelley Moore CapitoMay 21, 2019
R-MSCindy Hyde-SmithMay 22, 2019
R-GADavid PerdueMay 22, 2019
D-MTJon TesterMay 22, 2019
R-TNMarsha BlackburnMay 22, 2019
R-ARTom CottonMay 22, 2019
R-NDKevin CramerMay 23, 2019
D-WVJoe Manchin IIIJun 4, 2019
R-ARJohn BoozmanJun 4, 2019
R-MSRoger F. WickerJun 4, 2019
R-OKJames LankfordJun 18, 2019
R-IAJoni ErnstJul 16, 2019
R-MESusan M. CollinsJul 18, 2019
D-ALDoug JonesSep 24, 2019

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateFinance Committee
Referred Mar 4, 2019

Actions 2

Everything that happened, newest first.

  1. Mar 4, 2019Introduced in Senate
  2. Mar 4, 2019Read twice and referred to the Committee on Finance.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Printed hearings 1

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
S. Hrg. 116-415DRUG PRICING IN AMERICA: A PRESCRIPTION FOR CHANGE, PART III275 pagesFinance CommitteeApr 9, 2019

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 1034Phair Pricing Act of 2019Identical billFeb 7, 2019

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to amend title XVIII of the Social Security Act to require pharmacy-negotiated price concessions to be included in negotiated prices at the point-of-sale under part D of the Medicare program, and for other purposes.
Short Title(s) as Introduced
Phair Pricing Act of 2019

Subjects

Assigned by the Library of Congress. Policy area: Health.

Text 1

Each version as it was printed, newest first.

  1. Mar 4, 2019Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.