Making drugs more affordable for medicare patients

Section 340B(a)(5) of the Public Health Service Act (42 U.S.C. 256b(a)(5)) is amended— (1) in subparagraph (C), by striking subparagraphs (A) or (B) and inserting subparagraph (A), (B), or (E); (2) in subparagraph (D), by striking subparagraphs (A) or (B) and inserting subparagraph (A), (B), or (E); and (3) by adding at the end the following: (E) Requirement to provide drug discounts to patients (i) In general A covered entity shall ensure that each patient who receives a covered outpatient drug from such covered entity is provided such drug at a price that does not exceed the price at which the covered entity purchased the drug in accordance with paragraph (1), less any additional discounts or rebates received by the covered entity with respect to the drug. (ii) Establishment of mechanism The Secretary shall establish a mechanism— (I) ensure that covered entities comply with clause (i); (II) adjust reimbursement rates for covered entities for certain outpatient prescription drugs provided by hospitals to Medicare patients under section 1395l(t)(14)(A)(iii); and (III) report the total amount paid and the total amount received for covered outpatient drugs under this subsection. (iii) Public reporting The Secretary shall make the information reported under subclause (ii)(III) publicly available..