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Ending Hidden Drug Rebates: Lower Prices for Seniors

This act aims to lower prescription drug prices for citizens, especially seniors. It introduces changes to prevent hidden fees and rebates between pharmaceutical companies and intermediaries, which should result in lower drug costs at pharmacies. As a result, citizens can expect more transparent and potentially lower prices for their medications.
Key points
The act prohibits hidden drug rebates that could inflate prices.
It aims to reduce prescription drug costs, especially for seniors.
It introduces new rules for price reductions on drugs directly at the point of sale.
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Additional Information
Print number: 117_HR_4121
Sponsor: Rep. Arrington, Jodey C. [R-TX-19]
Process start date: 2021-06-24