S.1951: Fair Medicaid Drug Payment Act of 2007

About This Bill

Bill Sponsor

Bill Summary

Fair Medicaid Drug Payment Act of 2007 - Amends title XIX (Medicaid) of the Social Security Act to direct the Secretary of Health and Human Services to calculate the federal upper reimbursement limit as no less than 300% of the weighted average (based on utilization) of the most recent average manufacturer prices (AMPs) for pharmaceutically and therapeutically equivalent multiple source drug products available for purchase by retail community...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Aug. 2, 2007

Introduced in the Senate by Max Baucus (D-Mont.)

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