S.2543: Prescription Drug Pricing Reduction Act of 2019

About This Bill

  • This bill was introduced in the 116th Congress
  • This bill is primarily about health
  • Introduced Sept. 25, 2019
  • Latest Major Action Sept. 25, 2019

Bill Version

Bill Summary

Prescription Drug Pricing Reduction Act of 2019 This bill alters several programs and requirements relating to the prices of prescription drugs under Medicare and Medicaid. Among other things, the bill requires drug manufacturers to issue rebates to the Centers for Medicare & Medicaid Services (CMS) for certain drugs covered under Medicare for which the average manufacturer price increases faster than inflation; requires drug manufacturers...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 11 statements associated with S.2543.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.2543.

Bill Actions

Date Description
Sept. 25, 2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 225.
Sept. 25, 2019
Committee on Finance. Original measure reported to Senate by Senator Grassley. With written report No. 116-120.
Sept. 25, 2019

Introduced in the Senate by Charles E. Grassley (R-Iowa)

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