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Know the Lowest Price Act of 2018
A bill to amend title XVIII of the Social Security Act to prohibit Medicare part D plans from restricting pharmacies from informing individuals regarding the prices for certain drugs and biologicals.
Know the Lowest Price Act of 2018 (Sec. 2) This bill prohibits a prescription drug plan under Medicare or Medicare Advantage from restricting a pharmacy from informing an enrollee of any difference between the price, copayment, or coinsurance of a drug under the plan and a lower price of the drug without health-insurance coverage. (Such restrictions are commonly referred to as gag clauses.)
- EnactedOctober 10th, 2018The President signed this bill into law
- The house Passed September 25th, 2018Passed by Voice Vote
Committee on Energy and CommerceHealthCommittee on Ways and Means
- house Committees
- The senate Passed September 4th, 2018Passed by Voice Vote
Committee on FinanceIntroducedMarch 14th, 2018
- senate Committees