GENE Therapy Payment Act

2/8/2022, 11:20 PM

Congressional Summary of HR 5882

Generating Effective and Novel Evidence for Therapy Payment Act or the GENE Therapy Payment Act

This bill allows state Medicaid programs to pay for certain gene therapy drugs through risk-sharing value-based payment agreements with drug manufacturers. The bill applies to covered outpatient drugs that provide potentially curative treatment for serious or life-threatening rare diseases or conditions after not more than three administrations.

Current Status of Bill HR 5882

Bill HR 5882 is currently in the status of Bill Introduced since February 12, 2020. Bill HR 5882 was introduced during Congress 116 and was introduced to the House on February 12, 2020.  Bill HR 5882's most recent activity was Referred to the House Committee on Energy and Commerce. as of February 12, 2020

Bipartisan Support of Bill HR 5882

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
2
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5882

Primary Policy Focus

Health

Potential Impact Areas

Administrative law and regulatory proceduresAppropriationsCongressional oversightDepartment of Health and Human ServicesDrug safety, medical device, and laboratory regulationDrug therapyGeneticsGovernment studies and investigationsHealth care costs and insuranceHome and outpatient careIntergovernmental relationsManufacturingMedicaidPrescription drugsState and local government operations

Alternate Title(s) of Bill HR 5882

GENE Therapy Payment ActTo amend title XIX of the Social Security Act to provide States with the option under the Medicaid program to pay for covered outpatient drugs through risk-sharing value-based agreements, and for other purposes.GENE Therapy Payment ActGenerating Effective and Novel Evidence for Therapy Payment Act
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