S 3019
No Big Blockbuster Bailouts Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the No Big Blockbuster Bailouts Act, aims to change how Medicare negotiates drug prices. Specifically, it modifies the Medicare Drug Price Negotiation Program to give special consideration to ‘orphan drugs’ – medications used to treat rare diseases. The bill increases the maximum amount Medicare can negotiate down for these drugs from $200 million to $400 million. These changes will take effect starting in 2028.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.