H. R. 2542, also known as the “Old Drugs, New Cures Act,” aims to change the way priority research drugs are treated in terms of rebates for the Medicare and Medicaid programs. The bill proposes that these drugs should not be classified as line extensions of existing drugs,...
Simple Explanation
H. R. 2542 is a proposed law that wants to help bring new and important medicines to people with big health needs by changing how these medicines are treated with money rules in health programs, like Medicare and Medicaid, to make it easier for companies to make them.