What it changes

1 change to H.R. 3474

Adds a section
  1. Adds SEC. __. REQUIREMENTS WITH RESPECT TO MEDICAL DEVICE PRICING wherever appropriate

    Adds a section

    Inserted: SEC. __. REQUIREMENTS WITH RESPECT TO MEDICAL DEVICE PRICING.

    Inserted: (a) Prohibition on Confidentiality Clauses With Respect to Pricing.--A medical device manufacturer may not require hospitals or other buyers to sign purchasing agreements that contain confidentiality clauses restricting such hospitals or buyers from revealing to third parties the prices paid for medical devices.

    Inserted: (b) Reporting on Sales Prices.--The Secretary of Health and Human Services shall require medical device manufacturers to submit to such Secretary a quarterly report on the average and median sales prices of covered devices, as defined in section 1128G(e) of the Social Security Act.

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    Original wording

    At the appropriate place, insert the following:

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As printed

SA 3082. Mr. KING submitted an amendment intended to be proposed by him to the bill H.R. 3474, to amend the Internal Revenue Code of 1986 to allow employers to exempt employees with health coverage under TRICARE or the Veterans Administration from being taken into account for purposes of the employer mandate under the Patient Protection and Affordable Care Act; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. __. REQUIREMENTS WITH RESPECT TO MEDICAL DEVICE PRICING.

(a) Prohibition on Confidentiality Clauses With Respect to Pricing.--A medical device manufacturer may not require hospitals or other buyers to sign purchasing agreements that contain confidentiality clauses restricting such hospitals or buyers from revealing to third parties the prices paid for medical devices.

(b) Reporting on Sales Prices.--The Secretary of Health and Human Services shall require medical device manufacturers to submit to such Secretary a quarterly report on the average and median sales prices of covered devices, as defined in section 1128G(e) of the Social Security Act.

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Floor Latest Action

Senate amendment submitted

May 14, 2014