US HB5039 | 2019-2020 | 116th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on November 12 2019 - 25% progression, died in chamber
Action: 2019-11-14 - Sponsor introductory remarks on measure. (CR H8836)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 12 2019 - 25% progression, died in chamber
Action: 2019-11-14 - Sponsor introductory remarks on measure. (CR H8836)
Text: Latest bill text (Introduced) [PDF]
Summary
Establishes a series of oversight and disclosure requirements relating to the prices of life-sustaining prescription drugs. Specifically, the bill requires the Department of Health and Human Services (HHS) to review at least annually all life-sustaining drugs for excessive pricing; HHS must also review prices upon petition. HHS must create a public database with its determinations for each drug and report its overall findings and related activities. Under the bill, a price is considered excessive if the domestic average manufacturing price exceeds 110% of the average price for the drug in Canada, the United Kingdom, Germany, France, and Japan. If a price does not meet this criteria, or if pricing information is unavailable in at least three of the aforementioned countries, the price is still considered excessive if it is higher than reasonable in light of specified factors, including cost, revenue, and the size of the affected patient population. The bill also requires drug manufacturers, subject to civil penalties, to (1) report specified financial information for life-sustaining drugs, including research and advertising expenditures; and (2) negotiate the prices of excessively priced life-sustaining drugs under the Medicare prescription drug benefit with HHS.
Title
Life-Sustaining Prescription Drug Price Relief Act of 2019
Sponsors
| Rep. Daniel Lipinski [D-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-11-14 | House | Sponsor introductory remarks on measure. (CR H8836) |
| 2019-11-13 | House | Referred to the Subcommittee on Health. |
| 2019-11-12 | House | Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
| 2019-11-12 | House | Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
| 2019-11-12 | House | Introduced in House |
Subjects
Asia
Business records
Canada
Civil actions and liability
Congressional oversight
Department of Health and Human Services
Europe
France
Germany
Government information and archives
Government trust funds
Health
Health care costs and insurance
Health information and medical records
Inflation and prices
Japan
Manufacturing
Marketing and advertising
Medical research
Medicare
North America
Prescription drugs
Research and development
United Kingdom
Business records
Canada
Civil actions and liability
Congressional oversight
Department of Health and Human Services
Europe
France
Germany
Government information and archives
Government trust funds
Health
Health care costs and insurance
Health information and medical records
Inflation and prices
Japan
Manufacturing
Marketing and advertising
Medical research
Medicare
North America
Prescription drugs
Research and development
United Kingdom
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5039/all-info |
| Text | https://www.congress.gov/116/bills/hr5039/BILLS-116hr5039ih.pdf |
