[Congressional Record Volume 172, Number 49 (Wednesday, March 18, 2026)]
[Senate]
[Page S1284]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4634. Mr. MERKLEY submitted an amendment intended to be proposed 
by him to the bill S. 1383, to establish the Veterans Advisory 
Committee on Equal Access, and for other purposes; which was ordered to 
lie on the table; as follows:

       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``End Price Gouging for 
     Medications Act''.

     SEC. 2. REFERENCE PRICES FOR PRESCRIPTION DRUGS.

       (a) Reference Prices.--The Secretary of Health and Human 
     Services (referred to in this section as the ``Secretary''), 
     in accordance with subsection (b), shall establish annual 
     reference prices for each prescription drug. Notwithstanding 
     any other provision of law, with respect to enrollees or 
     beneficiaries in any of the Federal health programs described 
     in subsection (c), the retail list price for a drug shall not 
     exceed the reference price for such drug.
       (b) Criteria.--
       (1) In general.--Each year, the Secretary shall establish 
     the reference price for each prescription drug under 
     subsection (a)--
       (A) by determining the lowest retail list price for the 
     drug among the reference countries in which the drug is 
     available, if drug pricing information is available for at 
     least 3 of such countries; or
       (B) in the case of a drug for which drug pricing 
     information or dosage equivalents are not available for at 
     least 3 of the reference countries, by determining an 
     appropriate price based on the Secretary's determination of--
       (i) the added therapeutic effect of the drug;
       (ii) the value of the drug;
       (iii) patient access to the drug;
       (iv) the costs associated with researching and developing 
     the drug; and
       (v) other factors, as the Secretary determines appropriate.
       (2) Reference countries.--For purposes of paragraph (1), 
     the reference countries are Australia, Austria, Belgium, 
     Canada, France, Germany, Italy, Japan, the Netherlands, 
     Sweden, Switzerland, and the United Kingdom.
       (c) Federal Health Programs.--The reference prices 
     established under subsection (a) shall apply with respect to 
     covered inpatient and outpatient drugs under--
       (1) the Medicare program under title XVIII of the Social 
     Security Act (42 U.S.C. 1395 et seq.);
       (2) a State Medicaid plan under title XIX of the Social 
     Security Act (42 U.S.C. 1396 et seq.);
       (3) the State Children's Health Insurance Program under 
     title XXI of the Social Security Act (42 U.S.C. 1397aa et 
     seq.);
       (4) the TRICARE program under chapter 55 of title 10, 
     United States Code;
       (5) hospital care and medical services furnished by the 
     Department of Veterans Affairs under chapters 17 and 18 of 
     title 38, United States Code;
       (6) the Federal Employees Health Benefits Program 
     established under chapter 89 of title 5, United States Code; 
     and
       (7) any health program, service, function, activity, or 
     facility funded, in whole or part, under the Indian Health 
     Care Improvement Act (25 U.S.C. 1601 et seq.), including 
     through direct or contract care provided under such Act or 
     through a contract or compact under the Indian Self-
     Determination and Education Assistance Act (25 U.S.C. 5304 et 
     seq.).
       (d) Applicability to Other Purchasers of Drugs.--
     Notwithstanding any other provision of law, a drug 
     manufacturer shall offer prescription drugs at the reference 
     price to all individuals, including individuals who are not 
     insured and individuals who are covered under a group health 
     plan or group or individual health insurance coverage. In the 
     case of individuals covered by a group health plan or group 
     or individual health insurance coverage, such requirement is 
     met if the amount covered under such plan or coverage plus 
     the cost-sharing amount does not exceed the reference price.
       (e) Enforcement.--
       (1) Civil penalty.--A drug manufacturer who does not comply 
     with the requirements of subsection (a) shall be subject to a 
     civil penalty, for each year in which the violation occurs 
     and with respect to each drug for which the violation occurs, 
     in an amount equal to 5 times the difference between--
       (A) the total amount received by the manufacturer for sales 
     of the drug under the Federal health programs under 
     subsection (c) for the year; less
       (B) the total amount the manufacturer would have received 
     for sales of the drug under such programs for the year if the 
     manufacturer had complied with subsection (a).
       (2) Amounts collected.--Each year, the Secretary of the 
     Treasury shall transfer to the Director of the National 
     Institutes of Health an amount equal to the amount collected 
     in civil penalties under subsection (e) for the previous 
     year. The Director of the National Institutes of Health shall 
     use amounts so transferred for purposes of conducting drug 
     research and development.
       (f) Applicability to Brand and Generic Drugs.--The 
     reference price established under subsection (a) shall apply 
     to drugs approved under subsection (c) or (j) of section 505 
     of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 355) 
     or under subsection (a) or (k) of section 351 of the Public 
     Health Service Act (42 U.S.C. 262).
                                 ______