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Drug Price Transparency: Ads Must Show Costs

New legislation mandates that advertisements for prescription drugs and biological products include their pricing information. This aims to empower citizens to make informed choices about their medications and better manage personal finances before committing to a specific treatment.
Key points
Direct-to-consumer advertisements for prescription drugs and biological products will be required to clearly display their wholesale acquisition cost for a 30-day supply.
The goal is to increase price transparency, helping patients understand potential costs before receiving a prescription.
The law applies to drugs with a wholesale acquisition cost of $35 or more for a 30-day supply.
Manufacturers failing to comply may face civil penalties of up to $100,000 per violation.
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Status: Introduced
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Additional Information
Print number: 119_HR_3789
Sponsor: Rep. Taylor, David J. [R-OH-2]
Process start date: 2025-06-05