[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 506 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                 S. 506

 To amend part B of title XVIII of the Social Security Act to exclude 
 customary prompt pay discounts from manufacturers to wholesalers from 
 the average sales price for drugs and biologicals under Medicare, and 
                          for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                           February 12, 2015

   Mr. Roberts (for himself, Ms. Stabenow, Mr. Casey, Mr. Brown, Mr. 
Cassidy, and Mr. Gardner) introduced the following bill; which was read 
             twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend part B of title XVIII of the Social Security Act to exclude 
 customary prompt pay discounts from manufacturers to wholesalers from 
 the average sales price for drugs and biologicals under Medicare, and 
                          for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXCLUDING CUSTOMARY PROMPT PAY DISCOUNTS FROM MANUFACTURERS 
              TO WHOLESALERS FROM THE AVERAGE SALES PRICE FOR MEDICARE 
              PAYMENTS FOR DRUGS AND BIOLOGICALS.

    (a) In General.--Section 1847A(c)(3) of the Social Security Act (42 
U.S.C. 1395w-3a(c)(3)) is amended--
            (1) in the first sentence, by inserting ``(other than 
        customary prompt pay discounts extended to wholesalers)'' after 
        ``prompt pay discounts''; and
            (2) in the second sentence, by inserting ``(other than 
        customary prompt pay discounts extended to wholesalers)'' after 
        ``other price concessions''.
    (b) Effective Date.--The amendments made by this section shall 
apply to the calculation of the average sales price for calendar 
quarters beginning more than 90 days after the date of the enactment of 
this Act.
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