arrow_back Trending Legislation
Share share

Fair Prescription Drug Prices Act: Capping Drug Costs for Americans

This act aims to lower prescription drug prices in the United States. It introduces a price cap, ensuring that drug prices cannot exceed the average price of the same drugs in selected developed countries. This could lead to lower out-of-pocket costs for citizens, impacting their personal finances and access to healthcare.
Key points
Prescription drug prices in the U.S. cannot exceed the average price in Canada, France, Germany, Italy, Japan, and the United Kingdom.
Pharmaceutical companies violating this cap will face significant financial penalties.
The government will annually calculate average drug prices in these countries to enforce the new rules.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Introduced
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Fair Prescription Drug Prices for Americans Act
Print number: S 1587
Sponsor: Sen. Hawley, Josh [R-MO]
Process start date: 2025-05-05