< Back to S. 806 (113th Congress, 2013–2015)

Text of the A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts ...

...pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare.

This bill was introduced on April 24, 2013, in a previous session of Congress, but was not enacted. The text of the bill below is as of Apr 24, 2013 (Introduced).

II

113th CONGRESS

1st Session

S. 806

IN THE SENATE OF THE UNITED STATES

April 24, 2013

(for himself,Ms. Stabenow,Mr. Casey, andMr. Brown) introduced the following bill; which was read twice and referred to theCommittee on Finance

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.

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)afterprompt pay discounts; and

(2)

in the second sentence, by inserting(other than customary prompt pay discounts extended to wholesalers)afterother 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, 2014.