H.R.904 - Medicaid Prescription Drug Rebate Equalization Act of 2009111th Congress (2009-2010)
|Sponsor:||Rep. Stupak, Bart [D-MI-1] (Introduced 02/04/2009)|
|Committees:||House - Energy and Commerce|
|Latest Action:||02/09/2009 Referred to the Subcommittee on Health. (All Actions)|
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Summary: H.R.904 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (02/04/2009)
Medicaid Prescription Drug Rebate Equalization Act of 2009 - Amends title XIX (Medicaid) of the Social Security Act to reduce the costs of prescription drugs for enrollees of Medicaid managed care organizations by extending to such organizations the discounts offered under fee-for-service Medicaid plans.
Requires the state contract with a Medicaid managed care organization to require that payment for covered outpatient drugs dispensed to Medicaid-eligible individuals enrolled with the organization be subject to the same rebate as the state is subject to.
Requires also that capitation rates paid to the organization be: (1) based on actual cost experience related to rebates; and (2) subject to the federal regulations requiring actuarially sound rates.