H.R. 1492 (119th)Bill Overview

To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program.

Health|HealthHealth care costs and insurance
Cosponsors
Support
Lean Republican
Introduced
Feb 21, 2025
Discussions
Bill Text
Current stageCommittee

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for c…

Introduced
Committee
Floor
President
Law
Congressional Activities
01 · The brief
Plain-English summaryWhat this bill actually does

This bill amends section 1192(e)(1)(A)(ii) of the Social Security Act to change the statutory negotiation period for small‑molecule drugs under the Drug Price Negotiation Program from 7 years to 11 years, aligning it with the period applicable to biologic candidates. The change is effective as if included in the enactment of Public Law 117–169 (the Inflation Reduction Act).

Why people may split

Progressives stress delayed affordability and patient cost harms

Watch point

Narrow technical change could move quickly, but affects high-profile drug pricing mechanics and may attract opposition.

This bill amends section 1192(e)(1)(A)(ii) of the Social Security Act to change the statutory negotiation period for small‑molecule drugs under the Drug Price Negotiation Program from 7 years to 11 years, aligning it with the period applicable to biologic candidates.

The change is effective as if included in the enactment of Public Law 117–169 (the Inflation Reduction Act).

Passage40/100

Technically small but alters a high-profile program and benefits industry stakeholders, raising political friction despite limited text.

CredibilityPartial

How solid the drafting looks.

Contention70/100

Progressives stress delayed affordability and patient cost harms

02 · What it does

Who stands to gain, and who may push back.

Likely benefits vs burdens50% / 50%
ManufacturersFederal agencies

These are examples from the analysis, not a ranked list of the most-affected groups.

Likely helped
  • Potential benefitCreates parity between small-molecule and biologic negotiation timelines.
  • ManufacturersExtends market exclusivity period for small-molecule manufacturers, potentially supporting revenue stability.
  • Potential benefitMay increase incentives for pharmaceutical R&D investment in small-molecule drugs.
Likely burdened
  • Federal agenciesDelays initiation of federal price negotiations for many small-molecule drugs, postponing potential price reductions.
  • Federal agenciesLikely increases federal and beneficiary drug spending relative to the original seven-year rule.
  • Potential burdenReduces early-program cost savings achievable through negotiated lower prices.
03 · Why people split

Why the argument around this bill splits.

Progressives stress delayed affordability and patient cost harms
Progressive15%

Likely to view the bill negatively because it delays when small‑molecule drugs enter government price negotiations, potentially keeping prices higher for more years.

They will note the change favors manufacturers and undermines the Drug Price Negotiation Program’s intent to lower prescription drug costs for consumers.

Likely resistant
Centrist45%

A centrist would see a neutral-to-skeptical view: the bill equalizes treatment between drug types, which is a principled fix, but it also delays negotiation timing which could raise near‑term costs.

They would weigh fairness to manufacturers against potential impacts on patients and federal spending.

Split reaction
Conservative80%

A conservative is likely to view the bill favorably because it delays government price negotiation for small‑molecule drugs, preserving market exclusivity and reducing near‑term regulatory pressure on industry.

They will emphasize protecting innovation incentives and rolling back aggressive price controls.

Leans supportive
04 · Can it pass?

The path through Congress.

Introduced

Reached or meaningfully advanced

Committee

Reached or meaningfully advanced

Floor

Still ahead

President

Still ahead

Law

Still ahead

Passage likelihood40/100

Technically small but alters a high-profile program and benefits industry stakeholders, raising political friction despite limited text.

Scope and complexity
24%
Scopenarrow
24%
Complexitylow
Why this could stall
  • No CBO/congressional cost estimate provided
  • Extent of pharmaceutical industry lobbying
05 · Recent votes

Recent votes on the bill.

No vote history yet

The bill has not accumulated any surfaced votes yet.

06 · Go deeper

Go deeper than the headline read.

Included on this page

Progressives stress delayed affordability and patient cost harms

Technically small but alters a high-profile program and benefits industry stakeholders, raising political friction despite limited text.

Unlocked analysis

Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for To amend title XI of the Social Security Act to equalize the n…

Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.

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