Public Law 115-262: A bill to amend title XVIII of the Social Security Act to prohibit Medicare part D plans from restricting pharmacies from informing individuals regarding the prices for certain drugs and biologicals.

By | April 24, 2019
Seal of the US Department of Health and Human Services
Seal of the US Department of Health and Human Services

Prohibits Medicare insurers from restricting pharmacies’ informing individuals of drug prices.

Official Summary

Know the Lowest Price Act of 2018

This bill prohibits a health-benefits plan or pharmacy-benefits manager under Medicare or Medicare Advantage from restricting a pharmacy from informing an enrollee of any difference between the price of a drug under the plan and the price of the drug without health-insurance coverage.

Passed House
Passed Senate
Signed by President
Became Public Law




Original sponsor: Sen. Stabenow, Debbie [D-MI]


Passed House by voice vote.

Passed Senate by unanimous consent.

Related bills:  HR 6733 (Did not pass the House); S2554

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.