H. R. 2666, known as the "Medicaid VBPs for Patients Act" or "MVP Act," aims to modify the Social Security Act to incorporate value-based purchasing arrangements into the Medicaid program. These arrangements allow multiple pricing points for drugs based on their...
Simple Explanation
The bill wants to help save money by making sure Medicaid only pays for medicines if they work well, like paying for toys that don't break after one play. It also wants to make it easier for everyone involved to understand how much medicines should cost and keep things fair so that people don't play favorites.