S 3019 · 119th Congress

No Big Blockbuster Bailouts Act

This bill creates a special exception for orphan drugs—medications developed to treat rare diseases that affect small numbers of people—within Medicare's drug price negotiation program. Normally, Medicare can negotiate prices for drugs once they hit a certain sales threshold of $200 million. This bill raises that th…

Sponsor

Welch, Peter (D-Vermont)

Introduced

2025-10-21

Policy area

Health

Latest action

Read twice and referred to the Committee on Finance.