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S. 2554: Patient Right to Know Drug Prices Act

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S. 2554: Patient Right to Know Drug Prices Act

115th Congress · introduced 2018-03-14 · Health · Latest: Became Public Law No: 115-263.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2018-03-14 · official record
  2. Who proposed it: Sen. Collins, Susan M. [R-ME] · what a sponsor is
  3. What happened next: 2 recorded votes in our records. Latest: Senate vote 208 (2018): On the Amendment, S2554 (2018-09-17), Amendment Rejected. See all
  4. Where it stands now: Became Public Law No: 115-263. (final step reached)
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Patient Right to Know Drug Prices Act

Plain summary

Patient Right to Know Drug Prices Act (Sec. 2) This bill amends the Public Health Service Act to prohibit a health insurance plan or pharmacy benefits manager from restricting a pharmacy from informing an enrollee of any difference between the out-of-pocket cost of a drug under the plan and the cost of the drug without health insurance coverage. (Such restrictions are commonly referred to as gag clauses.) (Sec. 3) The bill also amends the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 to apply certain antitrust filing requirements for generic drug applicants to biosimilar biological product applicants. (Biosimilar biological products, commonly referred to as biosimilars, are biological products approved by the Food and Drug Administration based on their similarity to an already-approved biological product.) Under current law, generic drug applicants that make agreements with brand name drug companies or other generic drug applicants regarding the manufacture, marketing, or sale of their drugs must file such agreements with the Federal Trade Commission and the Department of Justice. The bill subjects biosimilar biological product applicants to the same filing requirements.

Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Patient Right to Know Drug Prices Act

Source: Congressional Research Service summary (Public Law)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Collins, Susan M. [R-ME] · 25 cosponsors

Cost estimate: CBO cost estimate: S. 2554, Patient Right to Know Drug Prices Act (2018-09-12)

Cosponsors on this site

John Barrasso (R-WY), Bill Cassidy (R-LA), Tina Smith (D-MN), Lisa Murkowski (R-AK), Tammy Baldwin (D-WI), John Kennedy (R-LA), Margaret Wood Hassan (D-NH), Richard Blumenthal (D-CT), Roger F. Wicker (R-MS), Shelley Moore Capito (R-WV), Deb Fischer (R-NE), John Boozman (R-AR), Angus S. King, Jr. (I-ME), Martin Heinrich (D-NM), Chuck Grassley (R-IA), Amy Klobuchar (D-MN)

Sponsor's campaign money: Sen. Collins, Susan M. [R-ME] reported raising $22.5 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-s2554 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115