Equalize Drug Negotiation Periods

Summary#

This bill would change one sentence in the Social Security Act. It replaces "7 years" with "11 years" in section 1192(e)(1)(A)(ii). That change would make the negotiation period for biologic candidates match the negotiation period for small-molecule candidates in the Drug Price Negotiation Program. The bill says the change would take effect as if included in the enactment of Public Law 117-169.

What it means for you#

The bill changes the timing rules used to decide when certain medicines can be selected for price negotiation. The text does not say which companies, patients, or payers will be affected or how.

Expenses#

No publicly available information on costs or budget effects is included in the bill text.

Proponents' View#

The bill was introduced to equalize the negotiation period between small-molecule and biologic candidates. It was introduced by Representative Gregory Murphy with many co-sponsors. The bill text does not include further statements of proponents' arguments.

Opponents' View#

No publicly available information on opponents' views is included in the bill text or metadata.