HR7837119th CongressWALLET

Most Favored Patient Act of 2026

Sponsored By: Representative Meuser

Introduced

Summary

Creates a Most Favored Nations drug-pricing test that ties certain U.S. drug prices to lower prices abroad. This bill would direct the Center for Medicare and Medicaid Innovation to run an MFN pricing model for specified Part B and Part D drugs and to add the model to program rules beginning in 2029.

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  • Manufacturers would have to offer the MFN price to MFN-eligible individuals and to pharmacies, mail-order dispensers, hospitals, clinicians, and other providers. They must also report pricing and sales data to the Secretary, and the Secretary can suspend MFN rules for a drug until April 1, 2029 if a covered agreement is likely.
  • People enrolled in Medicaid, Medicare Part D, or receiving Part B drugs would be eligible to receive covered drugs at the MFN price when dispensed or administered. Pharmacies, hospitals, and clinicians are explicitly included as points of access.
  • The MFN price is defined as the second-lowest applicable net price among eight reference countries and is adjusted for purchasing power. The test applies to drugs sold in two or more reference countries and would run for 5 years.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Most Favored Nation drug prices for Medicare, Medicaid

This bill would create a five-year Most Favored Nation (MFN) drug pricing test starting January 1, 2029. Manufacturers without a covered agreement would have to give MFN prices to eligible Medicare and Medicaid patients and to pharmacies and providers who dispense or administer the drugs. The MFN price would be the second-lowest average price paid in a group of reference countries, after rebates and discounts and adjusted for purchasing power. Manufacturers would also have to report pricing and sales data the Secretary needs to calculate MFN prices. The Secretary could pause MFN rules for a drug until April 1, 2029 if a manufacturer is likely to sign a covered agreement by December 31, 2028; covered agreements must include MFN access, reporting, and a commitment to increase U.S. manufacturing.

Sponsors & CoSponsors

Sponsor

Meuser

PA • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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