The bill S. 4741, titled the "Preserving Life-saving Access to Specialty Medicines in America Act" or the "PLASMA Act," proposes amendments to the Social Security Act. It seeks to implement a phase-in process for plasma-derived products under the manufacturer discount...
Simple Explanation
The PLASMA Act is a proposal to change the rules so that people who need special medicines made from blood can get them at lower prices through their Medicare insurance, but it will happen gradually to make the change easier for everyone involved.