Nicholas Langworthy (R-NY)

Biosimilars Access and Affordability Act

H.R. 10628 · House bill Health

A Republican bill with 8 Democratic cosponsors · See all 11 cosponsors

Last activity — Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

The bill, known as the Biosimilars Access and Affordability Act, changes when certain biological products are eligible for price negotiations under Medicare. It amends title XI of the Social Security Act to alter the timeline for these negotiations. Specifically, the bill adjusts the rules regarding when biosimilar biological products can delay reference product price negotiations. It also establishes requirements for automatic delays and outlines penalties or rebates if a biosimilar is not successfully marketed during the delay period. These changes apply to initial price applicability years beginning with the year 2027.

Yes

  • Scored +3

    Would business owners be better off under this?

    Biological product manufacturers and brand-name drug companies may benefit from extended delay periods before price negotiations take effect.

  • Scored +2

    Does this put more money into Medicare, the health coverage for people over 65?

    The bill amends Medicare price negotiation timelines for biological products, creating financial mechanisms that impact program expenditures.

The opposite· 3 of 4

  • Scored -4

    Does this lower the price of prescription medicines?

    Extending the delay period for Medicare price negotiations on certain biological products could keep prescription drug costs higher for a longer period.

  • Scored -3

    Would people over 65 be better off under this?

    Delaying Medicare price negotiations for certain biological products may keep drug prices higher for seniors who rely on Medicare.

  • Scored -3

    Would retired people be better off under this?

    Retirees depending on Medicare may face higher out-of-pocket costs due to delayed price negotiations.