S.4199: Prescription Drug Pricing Reduction Act of 2020

About This Bill

  • This bill was introduced in the 116th Congress
  • This bill is primarily about health
  • Introduced July 2, 2020
  • Latest Major Action July 2, 2020

Bill Version

Bill Summary

Prescription Drug Pricing Reduction Act of 2020 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 2 statements associated with S.4199.

Bill Actions

Date Description
July 2, 2020
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S4228)
July 2, 2020
Read twice and referred to the Committee on Finance.
July 2, 2020

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

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