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S. 2051

Referred to Committee

Strengthening Average Sales Price Reporting Act of 2019

Introduced 6/28/2019•116th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

6/28/2019 • Senate

Summary

Strengthening Average Sales Price Reporting Act of 2019

This bill requires certain manufacturers of drugs that are covered under Medicare medical services to report pricing information to the Centers for Medicare & Medicaid Services. Specifically, manufacturers of such drugs that do not have rebate agreements under the Medicaid Drug Rebate Program must report similar information as is required under the program, including average sales price, total units, and wholesale acquisition cost. Manufacturers that fail to comply or that report false information are subject to civil penalties.

Introduced in Senate • 6/28/2019

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Topics & Subjects

Policy Area: Health
Administrative law and regulatory proceduresCivil actions and liabilityCongressional oversightConsumer affairsHealth care costs and insuranceHealth information and medical recordsInsurance industry and regulationMedicarePrescription drugsRetail and wholesale trades

Congressional Votes (0)

No recorded votes yet

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Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

S[
Sen. Menendez, Robert [D-NJ]

Democrat • NJ

Sponsored 6/28/2019

Cosponsors (1)

S[
Sen. Young, Todd [R-IN]

R-IN

Joined 6/28/2019