HR 2296 · 116th Congress · Health

More Efficient Tools to Realize Information for Consumers Act

Introduced 2019-04-12· Sponsored by Rep. Schakowsky, Janice D. [D-IL-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 170.(2019-09-24)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Accountability and Innovative Research Drug Pricing Act of 2019 or the FAIR Drug Pricing Act of 2019 This bill requires manufacturers to report about certain price increases for prescription drugs and biological products with a wholesale cost of at least $100 per month. Such reports must include, among other information (1) the percentage price increase, (2) a justification for such increase, (3) the price history of the drug, (4) the total cost to develop the drug, and (5) the total revenue and net profit generated from the drug.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 2296, METRIC Act

Sep 18, 2019

As ordered reported by the House Committee on Energy and Commerce on July 17, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (8)

5 Democrats3 Republicans