DemocratBill · S. 3019· Senate(119-S-3019)

No Big Blockbuster Bailouts Act

Rep. Welch
Age: 79 years
Vermont
Introduced
10/21/2025
Last activity
10/21/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Peter Welch
Cosponsors
Democrat - 2Republican - 0
Health
  1. Introduced
  2. In Committee

What this bill would do

This bill is known as the No Big Blockbuster Bailouts Act. It was introduced in the Senate on October 21, 2025, by Mr. Welch, along with Mr. Wyden and Ms. Cortez Masto. The legislation amends title XI of the Social Security Act. Specifically, it changes how orphan drugs are treated under the Medicare Drug Price Negotiation Program. The changes in the bill apply starting on or after January 1, 2028.

Yes· 3 of 8

  • Does this put more money into medical research?+4

    The higher threshold for orphan drugs may support continued research and development focus on rare diseases.

  • Would business owners be better off under this?+3

    Pharmaceutical companies and drug manufacturers benefit from adjusted thresholds for orphan drug negotiations.

  • Would people with disabilities be better off under this?+3

    Patients relying on orphan drugs for rare diseases and conditions may see continued investment in specialized treatments.

The opposite

  • Does this lower the price of prescription medicines?-2

    Adjusting thresholds for orphan drug price negotiations could potentially limit price reduction negotiations for certain drugs.