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To amend title XI of the Social Security Act to clarify manufacturer transparency reporting requirements for certain transfers used for educational purposes.
12/20/2024, 9:06 AM
Summary of Bill HR 4402
Bill 118 hr 4402, also known as the Manufacturer Transparency Reporting Clarification Act, aims to make changes to the Social Security Act in order to provide clarity on reporting requirements for manufacturers who make transfers for educational purposes.
The bill specifically focuses on transfers made by manufacturers to healthcare professionals for educational purposes. These transfers are often made in the form of payments, gifts, or other items of value. The purpose of these transfers is to educate healthcare professionals about new medical products or treatments.
The bill seeks to ensure that manufacturers are transparent about these transfers by requiring them to report detailed information about the transfers, including the amount, recipient, and purpose of the transfer. This information will be made publicly available in order to increase transparency and accountability in the healthcare industry. Overall, the Manufacturer Transparency Reporting Clarification Act aims to improve transparency in the healthcare industry by ensuring that manufacturers are held accountable for their transfers to healthcare professionals for educational purposes.
The bill specifically focuses on transfers made by manufacturers to healthcare professionals for educational purposes. These transfers are often made in the form of payments, gifts, or other items of value. The purpose of these transfers is to educate healthcare professionals about new medical products or treatments.
The bill seeks to ensure that manufacturers are transparent about these transfers by requiring them to report detailed information about the transfers, including the amount, recipient, and purpose of the transfer. This information will be made publicly available in order to increase transparency and accountability in the healthcare industry. Overall, the Manufacturer Transparency Reporting Clarification Act aims to improve transparency in the healthcare industry by ensuring that manufacturers are held accountable for their transfers to healthcare professionals for educational purposes.
Congressional Summary of HR 4402
This bill specifies that manufacturers of drugs, devices, biologics, or medical supplies covered by Medicare, Medicaid or the Children's Health Insurance Program (CHIP) are not required to report peer-reviewed journals, journal reprints, journal supplements, medical conference reports, or medical textbooks that are provided to health care practitioners or teaching hospitals.
Read the Full Bill
Current Status of Bill HR 4402
Bill HR 4402 is currently in the status of Bill Introduced since June 30, 2023. Bill HR 4402 was introduced during Congress 118 and was introduced to the House on June 30, 2023. Bill HR 4402's most recent activity was Referred to the Subcommittee on Health. as of December 17, 2024
Bipartisan Support of Bill HR 4402
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4402
Primary Policy Focus
HealthPotential Impact Areas
- Health technology, devices, supplies
- Manufacturing
- Medicaid
- Medicare
- Poverty and welfare assistance
- Prescription drugs
Alternate Title(s) of Bill HR 4402
To amend title XI of the Social Security Act to clarify manufacturer transparency reporting requirements for certain transfers used for educational purposes.
To amend title XI of the Social Security Act to clarify manufacturer transparency reporting requirements for certain transfers used for educational purposes.
Comments
Sponsors and Cosponsors of HR 4402
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