Us Congress 2025-2026 Regular Session

Us Congress House Bill HB1476 Compare Versions

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11 I
22 119THCONGRESS
33 1
44 STSESSION H. R. 1476
55 To amend title XVIII of the Social Security Act to provide a phase-in
66 for plasma-derived products under the manufacturer discount program.
77 IN THE HOUSE OF REPRESENTATIVES
88 FEBRUARY21, 2025
99 Mr. H
1010 UDSON(for himself, Mr. DAVISof North Carolina, Mr. MURPHY, and
1111 Mr. P
1212 ETERS) introduced the following bill; which was referred to the
1313 Committee on Energy and Commerce, and in addition to the Committee
1414 on Ways and Means, for a period to be subsequently determined by the
1515 Speaker, in each case for consideration of such provisions as fall within
1616 the jurisdiction of the committee concerned
1717 A BILL
1818 To amend title XVIII of the Social Security Act to provide
1919 a phase-in for plasma-derived products under the manu-
2020 facturer discount program.
2121 Be it enacted by the Senate and House of Representa-1
2222 tives of the United States of America in Congress assembled, 2
2323 SECTION 1. SHORT TITLE. 3
2424 This Act may be cited as the ‘‘Preserving Life-saving 4
2525 Access to Specialty Medicines in America Act’’ or the 5
2626 ‘‘PLASMA Act’’. 6
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3030 SEC. 2. PHASE-IN FOR PLASMA-DERIVED PRODUCTS UNDER 1
3131 MANUFACTURER DISCOUNT PROGRAM. 2
3232 Section 1860D–14C(g)(4) of the Social Security Act 3
3333 (42 U.S.C. 1395w–114c(g)(4)) is amended— 4
3434 (1) in subparagraph (A), in the matter pre-5
3535 ceding clause (i), by striking ‘‘and (C)’’ and insert-6
3636 ing ‘‘, (C), and (D)’’; 7
3737 (2) by redesignating subparagraphs (D) and 8
3838 (E) as subparagraphs (E) and (F), respectively; and 9
3939 (3) by inserting after subparagraph (C) the fol-10
4040 lowing: 11
4141 ‘‘(D) P
4242 HASE-IN FOR PLASMA -DERIVED 12
4343 PRODUCTS.— 13
4444 ‘‘(i) I
4545 N GENERAL.—For 2026 and 14
4646 subsequent years, subject to clause (iv), in 15
4747 the case of an applicable drug of a manu-16
4848 facturer that is a plasma-derived product 17
4949 (as defined in clause (ii)), and that is mar-18
5050 keted as of August 16, 2022, and dis-19
5151 pensed for an applicable beneficiary, the 20
5252 term ‘discounted price’ means the specified 21
5353 plasma-derived product percent (as defined 22
5454 in clause (iii)) of the negotiated price of 23
5555 the applicable drug of the manufacturer. 24
5656 ‘‘(ii) P
5757 LASMA-DERIVED PRODUCT.—In 25
5858 this subparagraph, the term ‘plasma-de-26
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6161 •HR 1476 IH
6262 rived product’ means an applicable drug 1
6363 that is a biological product that is derived 2
6464 from human whole blood or plasma. 3
6565 ‘‘(iii) S
6666 PECIFIED PLASMA -DERIVED 4
6767 PRODUCT PERCENT .—In this subpara-5
6868 graph, the term ‘specified plasma-derived 6
6969 product percent’ means, with respect to a 7
7070 year— 8
7171 ‘‘(I) for an applicable drug that 9
7272 is a plasma-derived product dispensed 10
7373 for an applicable beneficiary who has 11
7474 not incurred costs, as determined in 12
7575 accordance with section 1860D– 13
7676 2(b)(4)(C), for covered part D drugs 14
7777 in the year that are equal to or exceed 15
7878 the annual out-of-pocket threshold 16
7979 specified in section 1860D– 17
8080 2(b)(4)(B)(i) for the year— 18
8181 ‘‘(aa) for 2026, 99 percent; 19
8282 ‘‘(bb) for 2027, 98 percent; 20
8383 ‘‘(cc) for 2028, 95 percent; 21
8484 ‘‘(dd) for 2029, 92 percent; 22
8585 and 23
8686 ‘‘(ee) for 2030 and each 24
8787 subsequent year, 90 percent; and 25
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9191 ‘‘(II) for an applicable drug that 1
9292 is a plasma-derived product dispensed 2
9393 for an applicable beneficiary who has 3
9494 incurred costs, as determined in ac-4
9595 cordance with section 1860D– 5
9696 2(b)(4)(C), for covered part D drugs 6
9797 in the year that are equal to or exceed 7
9898 the annual out-of-pocket threshold 8
9999 specified in section 1860D– 9
100100 2(b)(4)(B)(i) for the year— 10
101101 ‘‘(aa) for 2026, 99 percent; 11
102102 ‘‘(bb) for 2027, 98 percent; 12
103103 ‘‘(cc) for 2028, 95 percent; 13
104104 ‘‘(dd) for 2029, 92 percent; 14
105105 ‘‘(ee) for 2030, 90 percent; 15
106106 ‘‘(ff) for 2031, 85 percent; 16
107107 and 17
108108 ‘‘(gg) for 2032 and each 18
109109 subsequent year, 80 percent. 19
110110 ‘‘(iv) L
111111 IMITATIONS.—This subpara-20
112112 graph shall not apply with respect to the 21
113113 following: 22
114114 ‘‘(I) C
115115 ERTAIN DRUGS DISPENSED 23
116116 TO LIS BENEFICIARIES.—An applica-24
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120120 ble drug described in subparagraph 1
121121 (B)(i). 2
122122 ‘‘(II) S
123123 PECIFIED SMALL MANU -3
124124 FACTURERS.—An applicable drug de-4
125125 scribed in subparagraph (C)(i).’’. 5
126126 Æ
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