DemocratBill · H.R. 3493· House(119-HR-3493)

Global Fairness in Drug Pricing Act

Rep. Khanna
Age: 50 years
California
Introduced
5/19/2025
Last activity
5/19/2025 — Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsored by
Ro Khanna
Cosponsors
Democrat - 2Republican - 5
Health
  1. Introduced
  2. In Committee

What this bill would do

The Global Fairness in Drug Pricing Act aims to lower prescription drug costs by aligning U.S. prices with international benchmarks. The Secretary of Health and Human Services is tasked with proposing a plan to impose most-favored-nation price targets to ensure U.S. prices are comparable to those in developed countries. Additionally, the bill directs the Secretary to address circumstances under which individuals can import drugs from countries with lower costs. It also mandates enforcement against anticompetitive practices by pharmaceutical manufacturers. Finally, the bill requires a study on whether manufacturer behaviors impair national security or force patients to subsidize global research.

Yes· 3 of 12

  • Does this lower the price of prescription medicines?+9

    The bill specifically aims to reduce prescription drug costs through international price benchmarking and importation waivers.

  • Would households on low incomes be better off under this?+8

    Reducing the cost of essential medications provides substantial relief to low-income households.

  • Would people over 65 be better off under this?+7

    Lower prescription drug costs significantly benefit the senior population who rely heavily on medications.

The opposite

  • Would business owners be better off under this?-4

    Pharmaceutical manufacturers may view these price controls as negative for their business models.

  • Does this put more money into scientific research?-2

    The bill investigates if current practices force patients to subsidize global research, which could imply a threat to R&D incentives.