On Aug. 28, AMCP responded to Senate HELP Chairman Bill Cassidy's 340B reform proposal.
House Energy and Commerce Health Subcommittee Holds Legislative Markup on Illicit Drugs and Health Price Transparency
On June 25, the House Energy and Commerce Health Subcommittee held a markup of 15 bills pertaining to illicit drugs and health care price transparency. The markup builds upon a legislative hearing held last week and signifies continued, bipartisan engagement from policymakers on increasing transparency into the prices paid for health care services and prescription drugs. All 15 bills under consideration were agreed to by the Health Subcommittee and referred to the full Energy and Commerce Committee by voice votes.
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AMCP supports efforts to make prescription medications more affordable for Medicare beneficiaries. At the same time, implementation of the Medicare Drug Price Negotiation Program (Negotiation Program) should preserve the evidence-based formulary management, utilization management, market competition, and clinical decision-making processes fundamental to managed care pharmacy.
The No Surprises Act Enforcement Act would increase insurer penalties up to $10,000 per surprise billing violation.
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