HR3493119th CongressWALLET

Global Fairness in Drug Pricing Act

Sponsored By: Representative Khanna

Introduced

Summary

This bill would lower U.S. prescription drug costs by making U.S. prices more like prices in comparably developed countries. It pairs most-favored-nation price targets with selective importation and stronger antitrust tools to push down manufacturer prices.

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  • Families and patients: Would aim to make what Americans pay for prescription drugs comparable to prices in similarly developed countries. It also directs HHS to describe when individuals can get case-by-case waivers to import drugs from low-cost developed countries and to certify that importation would be safe and significantly reduce costs.
  • Pharmaceutical manufacturers: Would authorize enforcement actions by the Attorney General and the Federal Trade Commission Chair under sections 1 and 2 of the Sherman Act and section 5 of the FTC Act against anticompetitive conduct by manufacturers.
  • Federal agencies and trade policy: Would require HHS to coordinate with CMS and other agencies to propose a rulemaking plan within 30 days after enactment to set most-favored-nation price targets, direct HHS to facilitate direct-to-consumer purchasing at those prices when legal, and ask Commerce and the U.S. Trade Representative to study manufacturer conduct with findings due to Congress within 180 days.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Crack down on drug-maker collusion

The Justice Department and the FTC would target anti-competitive practices by drug makers, as allowed by law. They could use laws against price-fixing and monopolies. Stronger enforcement could help keep drug prices fair for many households.

Allow safe personal drug importation

HHS would need to certify to Congress that personal drug importation is safe and would significantly cut costs. HHS would explain when individuals could get case-by-case waivers to import from developed countries with lower prices. Only people who meet those rules could import. If approved, some patients could buy cheaper medicines from abroad.

Global benchmarks for U.S. drug prices

Within 30 days of enactment, HHS would propose a plan to set most-favored-nation price targets so U.S. patients pay prices similar to those in other developed countries. HHS would coordinate with Medicare, Medicaid, and other agencies. HHS could also help drug makers sell directly to patients at those benchmark prices, where allowed by law. This is a first step; any price limits would come later through rules.

Sponsors & CoSponsors

Sponsor

Khanna

CA • D

Cosponsors

  • Luna

    FL • R

    Sponsored 5/19/2025

  • Kaptur

    OH • D

    Sponsored 5/19/2025

  • Biggs (AZ)

    AZ • R

    Sponsored 5/19/2025

  • Crane

    AZ • R

    Sponsored 6/3/2025

  • Greene (GA)

    GA • R

    Sponsored 10/17/2025

  • Subramanyam

    VA • D

    Sponsored 11/7/2025

  • Barrett

    MI • R

    Sponsored 2/24/2026

Roll Call Votes

No roll call votes available for this bill.

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