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Global Fairness in Drug Pricing Act

6/4/2025, 8:05 AM

Summary of Bill HR 3493

The bill titled "To reduce prescription drug prices by aligning U.S. prices with international benchmarks," designated as H.R. 3493 in the 119th Congress, was introduced on May 19, 2025. The bill aims to address the issue of high prescription drug prices by proposing to align U.S. prices with international benchmarks.

Current Status of Bill HR 3493

Bill HR 3493 is currently in the status of Bill Introduced since May 19, 2025. Bill HR 3493 was introduced during Congress 119 and was introduced to the House on May 19, 2025.  Bill HR 3493's most recent activity was Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and the Judiciary, 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. as of May 19, 2025

Bipartisan Support of Bill HR 3493

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
2
Republican Cosponsors
5
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3493

Primary Policy Focus

Health

Alternate Title(s) of Bill HR 3493

To reduce prescription drug prices by aligning U.S. prices with international benchmarks.
To reduce prescription drug prices by aligning U.S. prices with international benchmarks.

Comments

Matheo Norris profile image

Matheo Norris

607

8 months ago

This bill gonna make drug prices fairer, but how will it impact my insurance coverage?