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S. 2553

BillFederalSenateBecame Law
Know the Lowest Price Act of 2018
About This Bill
Enacted
Latest Action · October 10, 2018
Became Public Law No: 115-262.
Congress
115th (2017–2019)
Introduced
March 14, 2018
Sponsor
Sen. Debbie StabenowD
Cosponsors (15)
8D 7R
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Summary

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Know the Lowest Price Act of 2018 (Sec. 2) This bill prohibits a prescription drug plan under Medicare or Medicare Advantage from restricting a pharmacy from informing an enrollee of any difference between the price, copayment, or coinsurance of a drug under the plan and a lower price of the drug without health-insurance coverage. (Such restrictions are commonly referred to as gag clauses.)

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