Fair AMP Act

Bill: 116-s-1785
Sponsor: full_name: Sen. Hassan, Margaret Wood [D-NH]
Introduced: 2019-06-11
Policy area: Health
Subjects: Health care costs and insurance

Health programs administration and funding

Inflation and prices

Medicaid

Prescription drugs

Retail and wholesale trades
Latest action: action_date: 2019-06-11
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2019-06-11
action_desc: Introduced in Senate
text: <p><b>Fair and Accurate Medicaid Pricing Act of 2019 or the Fair AMP Act</b></p> <p>This bill alters certain requirements and definitions under the Medicaid Drug Rebate Program relating to rebate calculations. Specifically, the bill repeals the requirement that drug manufacturers include the prices of certain authorized generic drugs when determining the average manufacturer price (AMP) of brand-name drugs (also known as a &quot;blended AMP&quot;), and excludes manufacturers from the definition of &quot;wholesalers&quot; for purposes of rebate calculations.</p>

tv_txt: II 116th CONGRESS 1st Session S. 1785 IN THE SENATE OF THE UNITED STATES June 11, 2019 Ms. Hassan (for herself, Mr. Cassidy , Ms. Stabenow , Mr. Cornyn , Mr. Cardin , and Mr. Young ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XIX of the Social Security Act to exclude authorized generic drugs from calculation of the average manufacturer price for purposes of the Medicaid drug rebate program, and for other purposes.

1. Short title This Act may be cited as the Fair and Accurate Medicaid Pricing Act of 2019 or the Fair AMP Act . 2. Excluding authorized generic drugs from calculation of average manufacturer price under the Medicaid drug rebate program; excluding manufacturers from definition of wholesaler (a) In general Subparagraph (C) of section 1927(k)(1) of the Social Security Act ( 42 U.S.C. 1396r–8(k)(1) ) is amended— (1) in the subparagraph heading, by striking Inclusion and inserting Exclusion ; (2) by striking a new drug application and inserting the manufacturer's new drug application ; and (3) by striking inclusive and inserting exclusive . (b) Excluding manufacturers from definition of wholesaler Section 1927(k)(11) of the Social Security Act ( 42 U.S.C. 1396r–8(k)(11) ) is amended— (1) by striking manufacturers, ; and (2) by striking manufacturer's and . (c) Effective date The amendments made by this section shall take effect on the first day of the first fiscal quarter that begins after the date of enactment of this Act.