# 119-s-694: PLASMA Act

119-s-694, PLASMA Act, is a 119th Congress bill sponsored by Sen. Tillis, Thomas [R-NC] (R-NC); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-694
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-694
- Congress: 119
- Title: PLASMA Act
- Status: introduced
- Introduced: 2025-02-24
- Sponsor: Sen. Tillis, Thomas [R-NC] (R-NC)
- Cosponsors: 3
- Policy area: Health
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Phases in manufacturer discounts for plasma-derived medicines under Medicare Part D to stage how much of the negotiated price counts as the "discounted price" over several years.** The bill would change how discounts for blood- and plasma-derived biologics are calculated under the Part D Manufacturer Discount Program so the full statutory discounts are phased in instead of applied immediately.

## Cosponsors (3)

- Sen. Kelly, Mark [D-AZ] (D-AZ), 2025-02-24T00:00:00.000Z
- Sen. Budd, Ted [R-NC] (R-NC), 2025-04-08T00:00:00.000Z
- Sen. Padilla, Alex [D-CA] (D-CA), 2025-04-08T00:00:00.000Z

## Provisions PRIA read

- New Medicare discounts for plasma drugs: mixed, medium. If enacted, this bill would change how Medicare Part D sets the "discounted price" for certain plasma-derived drugs. It would apply only to biological drugs made from human whole blood or plasma that were marketed by August 16, 2022 and dispensed to a Part D beneficiary. Starting in 2026, the disco…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-1639: American Innovation and Jobs Act
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the…
- 119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025

## Sources
- [119-s-694 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/694)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-1639: American Innovation and Jobs Act](https://policyrisk.com/legislation/119-s-1639)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for…](https://policyrisk.com/legislation/119-s-199)
- [119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-s-1816)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-694 (as of 2025-12-21).