S. 2554 (115 th ): Patient Right to Know Drug Prices Act

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About the bill

Americans overspend by an estimated $135 million on prescriptions through their insurance, in cases when they would cost less out of pocket. Yet pharmacists are often under gag orders from telling customers about that discrepancy.

A new bill introduced in the Senate would end this practice.

Context

A “pharmacy gag clause” is a tactic under which a pharmacist may not inform customers which of the two options would cost less for a certain product: using their health insurance or paying fully out of pocket.

These clauses are usually instituted by an insurer or pharmacy benefit manager (PBM), the most famous of which include CVS Health, Express Scripts, or United Health. They’re put in for cases in which most consumers would save money by paying out of pocket — if only …

Sponsor and status

Photo of sponsor Susan Collins

Susan Collins

Sponsor. Senator for Maine. Republican.

Read Text »
Last Updated: Sep 27, 2018
Length: 4 pages
Introduced Mar 14, 2018
115 th Congress (2017–2019)

Enacted — Signed by the President on Oct 10, 2018

This bill was enacted after being signed by the President on October 10, 2018.

Pub.L. 115-263 Cosponsors

25 Cosponsors (14 Democrats, 10 Republicans, 1 Independent)

History

Mar 14, 2018 Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jul 25, 2018 Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Sep 17, 2018 Passed Senate (House next)

The bill was passed in a vote in the Senate. It goes to the House next.

Sep 25, 2018 Passed House

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was by voice vote so no record of individual votes was made.

Oct 10, 2018 Enacted — Signed by the President

The President signed the bill and it became law.

S. 2554 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 2554. This is the one from the 115 th Congress.

This bill was introduced in the 115 th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.

How to cite this information.

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GovTrack.us. (2024). S. 2554 — 115th Congress: Patient Right to Know Drug Prices Act. Retrieved from https://www.govtrack.us/congress/bills/115/s2554

“S. 2554 — 115th Congress: Patient Right to Know Drug Prices Act.” www.GovTrack.us. 2018. September 18, 2024

Patient Right to Know Drug Prices Act, Pub. L. No. 115-263, S. 2554, 115th Cong. (2018).

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>>

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