PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.
Congressional Research Service
Version 00 · Introduced in House · Feb 3, 1998
Stop Medicare Overpayment Act of 1998 - Amends title XVIII (Medicare) of the Social Security Act, as amended by the Balanced Budget Act of 1997, with respect to reimbursement for drugs and biologicals. Replaces the current reimbursement rate of 95 percent of the wholesale average price with the lowest of the following: (1) the current rate; (2) the actual acquisition cost to the claim submitter of the drug or biological; (3) the amount otherwise determined under Medicare part B (Supplementary Medical Insurance); or (4) for payments for drugs or biologicals furnished on or after January 1, 2000, the median actual acquisition cost of all claims for payment for such drugs or biologicals for the 12-month period beginning July 1, 1998.
People & committees
Rep. Berry, Marion [D-AR-1] · D–AR
Legislative record
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Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.
Referred to the Subcommittee on Health.
Sponsor introductory remarks on measure. (CR H302-303)
Referred to House Commerce
Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jun 3, 2026. Consult Congress.gov for the current record.
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