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Medicaid VBPs for Patients Act
12/24/2024, 9:38 AM
Summary of Bill HR 2666
The MVP Act aims to streamline the MVP process by providing guidelines and best practices for government agencies to follow. This includes establishing clear criteria for determining when an MVP is appropriate, setting deadlines for MVP projects, and ensuring that agencies have the necessary resources to carry out MVP projects effectively.
Additionally, the MVP Act requires agencies to report on the outcomes of their MVP projects, including any cost savings or efficiencies gained. This accountability measure is intended to ensure that taxpayer dollars are being used efficiently and effectively. Overall, the MVP Act seeks to promote innovation and efficiency within government agencies by improving the MVP process. It is currently being considered by Congress and has received bipartisan support.
Congressional Summary of HR 2666
Medicaid VBPs for Patients Act or the MVP Act
This bill provides statutory authority for regulations that allow for the use of varying best price points under value-based purchasing arrangements for purposes of the Medicaid Drug Rebate Program. (Value-based purchasing arrangements refer to arrangements in which the price of a drug is linked to clinical outcomes; such arrangements are particularly used for new high-cost treatments, such as gene therapies.)
The Government Accountability Office must study the impact of value-based purchasing arrangements on federal health care programs, including with respect to the bill's changes.
Additionally, the bill (1) exempts sales of drugs that are made under value-based purchasing arrangements from calculations of the manufacturer average sales price for purposes of payments under Medicare medical services, if the manufacturer reports multiple best prices under Medicaid in accordance with the bill's changes; and (2) requires the Centers for Medicare & Medicaid Services to establish a program under which state Medicaid programs may cover drugs in inpatient settings via value-based purchasing arrangements.
The bill's changes terminate five years after enactment; any value-based purchasing arrangements that are in effect as of the date of termination continue to apply.
Read the Full Bill
Current Status of Bill HR 2666
Bipartisan Support of Bill HR 2666
Total Number of Sponsors
7Democrat Sponsors
0Republican Sponsors
7Unaffiliated Sponsors
0Total Number of Cosponsors
115Democrat Cosponsors
58Republican Cosponsors
57Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2666
Primary Policy Focus
HealthPotential Impact Areas
Alternate Title(s) of Bill HR 2666
Comments

Freya Bullock
1 year ago
This bill is so stupid, it's gonna mess everything up for us. I can't believe they're even considering passing this crap. It's gonna make things worse for everyone, especially us hardworking folks. I don't know what they're thinking, but this is just gonna make things harder for us. It's a total disaster waiting to happen. The big picture is that this bill is gonna screw us all over.





