Summary: S.1221 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for S.1221. Bill summaries are authored by CRS.

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Introduced in Senate (06/09/2009)

Amends title XVIII (Medicare) of the Social Security Act with respect to the use of average sales price methodology for calculating payments for drugs and biologicals under Medicare part B (Supplementary Medical Insurance).

Excludes from the manufacturer's average sales price when calculating such payments any customary prompt pay discounts extended to wholesalers.