Health Care & Life Sciences: Drug Pricing Digest - September 2022

Inflation Reduction Act: Stakeholders and commentators continue to review H.R. 5376, the Inflation Reduction Act of 2022 (the Act), which became law on Aug. 16, 2022.

Republican leaders on the House Energy & Commerce and Ways & Means committees sent a letter to the Secretary of the Department of Health and Human Services (HHS) asking 18 questions about how HHS will implement the mandatory negotiation provisions of the Act and requesting monthly briefings. The letter highlights many of the areas in which the Act is unclear or provides significant discretion to HHS in its implementation.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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