S. 2553 · 115th Congress

Know the Lowest Price Act of 2018

Stage
Signed by the president
Introduced
2018-03-14
Latest action
2018-10-10 · Signed by President.

Summary

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.)