,,ii #aaf? ,,congress #a/ ,session ,s4 #adcg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #ac1 #bjai,mr4 ,durb9 7= himself1 ,mr4 ,grassley1 ,mr4 ,k+1 & ,mr4 ,alex&]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d title ,,xi ( ! ,social ,security ,act to require t direct-to-consum] adv]tisem5ts = prescription drugs & biological products include tru?ful & non-mislead+ pric+ in=mation4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,drug-price ,transp>5cy 9 ,communications 7,,dtc7 ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,direct-to-consum] adv]tis+ ( prescription ph>maceuticals is legally p]mitt$ 9 only #b develop$ c\ntries1 ! ,unit$ ,/ates & ,new ,zeal&4 7#b7 ,9 #bjah1 ph>maceutical ad sp5d+ exce$$ #f1jdf1jjj1jjj1 a #d4h-p]c5t increase ov] #bjag1 result+ 9 ! av]age ,am]ican see+ #i drug adv]tisem5ts p] day4 7#c7 ,9 #bjae1 ph>maceutical companies sp5t m ?an #ajj1jjj1jjj on adv]tis+ ) respect to ea* ( ! #af mo/ adv]tis$ br&-"n drugs & biological products1 prim>ily new & relatively high-co/ m$ications4 7#d7 ,! #aj mo/ commonly adv]tis$ drugs h li/ prices rang+ f #ece to #aa1jjj p] #cj-;day supply or usual c\rse ( !rapy4 7#e7 ,accord+ to a #bjaa ,congressional ,budget ,(fice report1 direct-to-consum] adv]tis+ is us$ to promote only a small set ( specific drugs1 typically ! exp5sive1 br&-"n m$ications4 ,& ! top-sell+ drugs 9 any giv5 ye> are frequ5tly among ! drugs ) ! l>ge/ exp5ditures = direct-to-consum] adv]tis+4 7#f7 ,accord+ to a #bjaa ,congressional ,budget ,(fice report1 ph>maceutical manufactur]s adv]tise _! products directly to consum]s 9 an attempt to boo/ dem& = _! products & !reby raise ! price t consum]s are will+ to pay1 increase ! quantity ( drugs sold1 or a*ieve "s comb9ation ( ! two4 7#g7 ,/udies %[ t pati5ts are m likely to ask _! doctor = a specific m$ication & = ! doctor to write a prescription = x1 if a pati5t has se5 an adv]tisem5t = su* m$ication1 reg>dless ( :e!r ! m$ication is cl9ically appropriate = ! pati5t or :e!r a l[]-co/ g5]ic may be available4 7#h7 ,accord+ to a #bjaa ,congressional ,budget ,(fice report1 ! av]age numb] ( prescriptions writt5 = newly approv$ br&-"n drugs ) direct-to-consum] adv]tis+ 0 #i times great] ?an ! av]age numb] ( prescriptions writt5 = newly approv$ br&-"n drugs )\t direct-to-consum] adv]tis+4 7#i7 ,approximately half ( ,am]icans h high-d$uctible heal? plans1 "u :i* !y (t5 pay ! li/ price ( a drug until _! insurance d$uctible is met4 ,all ( ! top ,m$ic>e prescription drug plans use co9surance r ?an fix$-doll> copaym5ts = m$ications on nonpref]r$ drug ti]s4 7#aj7 ,! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices is ! s+le l>ge/ drug pay] 9 ! ,nation4 ,drug price inflation acc\nts = a significant portion ( ! #bb-p]c5t1 #cb-p]c5t1 & #db-p]c5t gr[? 9 ,m$ic>e p>ts ,d & ,b & ,m$icaid exp5ditures1 respectively1 on a p] b5efici>y basis betwe5 #bjac & #bjaf4 7#aa7 ,! #bj mo/ adv]tis$ drugs on television co/ ,m$ic>e & ,m$icaid a comb9$ #bd1jjj1jjj1jjj 9 #bjag4 7#ab7 ,price %opp+ is ! m>k ( rational economic behavior1 & m>kets op]ate m effici5tly :5 consum]s h relevant in=mation ab\t a product1 includ+ its price1 be=e mak+ an in=m$ decision ab\t :e!r to buy t product4 7#ac7 ,! ,am]ican ,m$ical ,association has pass$ resolutions support+ ! requirem5t = price transp>5cy 9 any direct-to-consum] adv]tis+4 7#ad7 ,! ,kais] ,family ,f\ndation f\nd t #hh p]c5t ( ! public favors ! ,f$]al ,gov]nm5t requir+ prescription drug adv]tisem5ts to include a /atem5t on h[ mu* ! drug co/s4 7#ae7 ,pursuant to its exi/+ au?ority "u sections #aajb & #ahga ( ! ,social ,security ,act1 on ,may #aj1 #bjai1 ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices publi%$ regulations 7subp>t ,l ( "p #djc ( title #db1 ,code ( ,f$]al ,regulations7 to require direct-to-consum] television adv]tisem5ts ( prescription drugs & biological products = :i* paym5t is available ?r\gh or "u ,m$ic>e or ,m$icaid to include ! :olesale acquisition co/ ( t drug or biological product4 7#af7 ,to support ! p]man5ce & cl>ity ( ?is policy1 & to facilitate future plann+1 ,congress f9ds a b5efit to codify+ su* regulation4 #c4 ,requirem5t t direct-to-consum] adv]tisem5ts = prescription drugs & biological products include tru?ful & non-mislead+ pric+ in=mation ,"p ,a ( title ,,xi ( ! ,social ,security ,act is am5d$ by add+ at ! end ! foll[+ new section3 #aaej;,c4 ,requirem5t t direct-to-consum] adv]tisem5ts = prescription drugs & biological products include tru?ful & non-mislead+ pric+ in=mation 7a7 ,9 g5]al ,! ,secret>y %all require t ea* direct-to-consum] adv]tisem5t = a prescription drug or biological product = :i* paym5t is available "u title ,,xviii or ,,xix includes an appropriate disclosure ( tru?ful & non-mislead+ pric+ in=mation ) respect to ! drug or product4 7b7 ,det]m9ation by ,,cms ,! ,secret>y1 act+ ?r\gh ! ,adm9i/rator ( ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 %all det]m9e ! compon5ts ( ! requirem5t "u subsection 7a71 su* z ! =ms ( adv]tis+1 ! mann] ( disclosure1 ! price po9t li/+1 & ! price in=mation = disclosure4 4