Prescription Drug Pricing Dashboard Act

To establish an interactive dashboard to allow the public to review information on the price and utilization of prescription drugs purchased by Federal programs. 1. Short title This Act may be cited as the Prescription Drug Pricing Dashboard Act 2. Prescription drug pricing dashboard (a) In general The Secretary of Health and Human Services (referred to in this section as the Secretary (b) Content (1) General information The internet website established under subsection (a) shall provide at least the following information with respect to a drug: (A) The brand and generic name. (B) Consumer-friendly information of the drug’s uses and other relevant clinical information. (C) The manufacturer. (D) For each Federal program (which shall include the Medicare program under title XVIII of the Social Security Act ( 42 U.S.C. 1395 42 U.S.C. 1396 chapter 89 (i) The average Federal and, as applicable State, spending per dosage unit in the preceding 2 fiscal years. (ii) The percentage change in spending on the drug per dosage unit from the preceding year, and to the extent feasible, from the preceding 5 to 10 fiscal years. (iii) The change in average spending per dosage unit in the preceding 2 fiscal years. (iv) The annual growth rate in average spending per dosage unit in the preceding 5 fiscal years. (v) Total spending for the preceding fiscal year. (vi) The number of individuals receiving such drug under the program in the preceding fiscal year. (vii) Average spending on the drug per beneficiary for the preceding fiscal year. (viii) With respect to a drug covered under part B of such title XVIII the average sales price as determined under section 1847A of the Social Security Act ( 42 U.S.C. 1395w–3a (ix) Consumer-friendly information about the average, highest, and lowest out-of-pocket cost for the drug (such as copayment or coinsurance amounts) for an individual enrolled in a State plan under such title XIX or the Medicare program under such title XVIII (including parts B and D of such title) in the preceding fiscal year or in the preceding plan year in the case of part D of such title, including such costs under such part before, during, and after the coverage gap described in subparagraphs (C) and (D) section 1860D–2(b)(2) of the Social Security Act ( 42 U.S.C. 1395w–102(b)(2) (x) Such additional information pertaining to Federal expenditures on, or consumer out-of-pocket costs for, drugs, as the Secretary determines appropriate. (2) Highlighted drugs The Secretary shall identify, in a separate element of the dashboard— (A) for each Federal program described in paragraph (1)(D), the 15 drugs with the highest total program spending, including, for drugs covered under the Medicaid program, the median State spending per dosage unit; (B) the 15 drugs with the highest total Federal spending across all such Federal programs; (C) any drugs with annual per-user spending under any such program, based on claims data analysis, that, for the first reporting year is $10,000 or more per user, and, in subsequent reporting years, is priced at or above the rate, as determined by the Secretary, that is $10,000, increased by the medical care consumer price index; and (D) the drugs ranked among the top 10 highest unit costs increases (if not already identified) for any such Federal program. (3) Data files The interactive internet website-based dashboard described in this subsection shall include machine-readable data files. (4) Additional information The Secretary may include such additional information (not otherwise prohibited in law from being disclosed) on the website-based dashboard that would provide patients, clinicians, researchers, and the public with information about prescription drugs and their prices as the Secretary determines appropriate. (c) Plan To incorporate data from other programs (1) Expansion of dashboard Within 2 years of the date of enactment of the Prescription Drug Pricing Dashboard Act (2) Consultation In preparing the report in paragraph (1), the Secretary shall consult with the Secretary of Defense and the Secretary of Veterans Affairs.

Summary: Prescription Drug Pricing Dashboard Act This bill requires the Department of Health and Human Services to establish an online dashboard containing information about the prices and utilization of prescription drugs that are purchased by federal programs. The dashboard must include specified information, including spending per dosage, the number of drug recipients, and out-of-pocket costs. The dashboard must also highlight those drugs that have the highest spending and costs.