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S. 2553 · 115th Congress · 2017–2018

Know the Lowest Price Act of 2018

S. 2553 in the 115th Congress (2017–2018) became law — introduced on Mar 14, 2018, sponsored by Debbie Stabenow with 15 co-sponsors.

During the 115th Congress (2017–2018), Donald Trump was president, and Republicans held majorities in both the House and Senate.

Status
Became law
Introduced
Mar 14, 2018
Co-sponsors
15
Policy area
Health
Public law
Public Law 115-262

What it does

Know the Lowest Price Act of 2018 (Sec. 2) This bill prohibits a prescription drug plan under Medicare or Medicare Advantage from restricting a pharmacy from informing an enrollee of any difference between the price, copayment, or coinsurance of a drug under the plan and a lower price of the drug without health-insurance coverage. (Such restrictions are commonly referred to as gag clauses.)

Summary by the nonpartisan Congressional Research Service.

Sponsor

Debbie Stabenow (D-MI). Co-sponsors: 8 Democrats, 7 Republicans.

Where it stands

  • IntroducedMar 14, 2018
  • Passed the SenateSep 4, 2018
  • Passed the HouseSep 25, 2018
  • Sent to the PresidentOct 4, 2018
  • Became lawOct 10, 2018

Latest action: Became Public Law No: 115-262. (Oct 10, 2018)

Other Health bills in the 115th Congress

Committees

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 2553 (115th Congress): Know the Lowest Price Act of 2018,” https://www.capitolreceipts.com/bill/115-s-2553/know-the-lowest-price-act-of-2018 (accessed 2026-10-17).