S.1221: A bill to amend title XVIII of the Social Security Act to ensure more appropriate payment amounts for drugs and biologicals under part B of the Medicare Program by excluding customary prompt pay discounts extended to wholesalers from the manufacturer's av

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about health
  • Introduced June 9, 2009
  • Latest Major Action June 9, 2009

Bill Summary

Amends title XVIII (Medicare) of the Social Security Act with respect to the use of average sales price methodology for calculating payments for drugs and biologicals under Medicare part B (Supplementary Medical Insurance). Excludes from the manufacturer's average sales price when calculating such payments any customary prompt pay discounts extended to wholesalers.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
June 9, 2009

Introduced in the Senate by Arlen Specter (D-Pa.)

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