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End Drug Price Gouging: Lower Medication Costs for Federal Programs

This bill aims to lower prescription drug prices in the United States. It establishes maximum drug prices based on prices in other developed countries. As a result, citizens covered by federal health programs, as well as uninsured individuals, can expect lower medication costs.
Key points
Setting maximum prescription drug prices based on prices in developed countries like Japan or Germany.
Lower drug prices for individuals covered by Medicare, Medicaid, TRICARE, veterans' and federal employee programs, and for Native Americans.
Drug manufacturers will be required to offer drugs at these lower prices to uninsured individuals and those with private health plans.
Financial penalties for manufacturers who do not comply, with collected funds directed towards drug research and development.
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Additional Information
Print number: 118_HR_4215
Sponsor: Rep. Dingell, Debbie [D-MI-6]
Process start date: 2023-06-20