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S. 2963 (106th): Consumer Awareness of Market-Based Drug Prices Act of 2000


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/27/2000--Introduced. Consumer Awareness of Market-based Drug Prices Act of 2000 - Amends title XIX (Medicaid) of the Social Security Act to require the Secretary of Health and Human Services to publicize certain market-based drug pricing information received from drug manufacturers, including: (1) average manufacturer's price; (2) manufacturer's best price with respect to single source and innovator multiple source drugs; and (3) the base average and initial average manufacturer price for newly marketed drugs used to determine an additional rebate for single source and innovator multiple source drugs.Authorizes appropriations.