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HR 905 IH
112th CONGRESS
1st Session
H. R. 905
To amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare.
IN THE HOUSE OF REPRESENTATIVES
March 3, 2011
Mr. WHITFIELD (for himself, Mr. GENE GREEN of Texas, Mr. NUNES, Mr. KIND, Ms. DEGETTE, Mr. SHIMKUS, Mr. TOWNS, Mrs. BLACKBURN, Mr. COURTNEY, Mr. ROGERS of Michigan, Ms. DELAURO, Mr. TIBERI, Mr. ISRAEL, Mr. GERLACH, Mr. LEWIS of Georgia, Mr. SESSIONS, and Mr. HIMES) introduced the following bill; which was 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
A BILL
To amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. EXCLUDING CUSTOMARY PROMPT PAY DISCOUNTS FROM MANUFACTURERS TO WHOLESALERS FROM THE AVERAGE SALES PRICE FOR MEDICARE PAYMENTS FOR DRUGS AND BIOLOGICALS.
(a) In General- Section 1847A(c)(3) of the Social Security Act (42 U.S.C. 1395w-3a(c)(3)) is amended--
(1) in the first sentence, by inserting ‘(other than customary prompt pay discounts extended to wholesalers)’ after ‘prompt pay discounts’; and
(2) in the second sentence, by inserting ‘(other than customary prompt pay discounts extended to wholesalers)’ after ‘other price concessions’.
(b) Effective Date- The amendments made by this section shall apply to drugs and biologicals that are furnished on or after January 1, 2012.
U.S. Congress - Text of H.R.905 as Introduced in House To amend part B of title XVIII of the Social Security Act to exclude customary prompt p...
