Section 1 Short title
This Act may be cited as the “Lowest Price for Patients Act” .
Lowest Price for Patients Act
A BILL
To amend title XXVII of the Public Health Service Act and title XVIII of the Social Security Act to require pharmacies to disclose any differential between the cost of a prescription drug based on whether certain individuals use prescription drug coverage to acquire such drug, and for other purposes.
Sec. 2 Requirement for pharmacies to disclose any differential between the cost of a prescription drug based on whether certain individuals use prescription drug coverage to acquire such drug
Enrollees of prescription drug coverage under a group health plan or a health insurance issuer offering group or individual health insurance coverage— Section 2729(a) of the Public Health Service Act (42 U.S.C. 300gg–29(a)) is amended—
in paragraph (1)—
by striking “not restrict, directly or indirectly,” and inserting “provide that”; and
by striking “from informing (or penalize such pharmacy for informing)” and inserting “inform”; and
in paragraph (2)—
by striking “ensure” and inserting “provide”;
by striking “does not, with respect to such plan or coverage, restrict, directly or indirectly,” and inserting “requires under such contract that”; and
by striking “from informing (or penalize such pharmacy for informing)” and inserting “inform”.
Enrollees of prescription drug coverage under a prescription drug plan or MA–PD plan— Section 1860D–4 of the Social Security Act (42 U.S.C. 1395w–104) is amended—
by redesignating the subsection (m) as inserted by section 6063(c) of the SUPPORT for Patients and Communities Act as subsection (n); and
by adding at the end the following new subsection:
“(o) Pharmacy disclosure of the price of a drug for an enrollee using and not using prescription drug coverage—For plan year 2020 and each subsequent plan year, a PDP sponsor and a Medicare Advantage organization offering a prescription drug plan or MA–PD plan under a contract with an entity that provides pharmacy benefits management services on behalf of such MA–PD plan shall provide that each pharmacy that dispenses a coverage part D drug shall inform an enrollee of any differential between—
“(1) the price of the drug for an individual that is an enrollee under such prescription drug plan or MA–PD plan (as the case may be) using such plan; and
“(2) the price of the drug for such individual described in paragraph (1) without using such plan.”