"Best Price" Rebate Would Be Eliminated In Bush Administration Budget
This article was originally published in The Pink Sheet Daily
Executive Summary
The President's fiscal year 2006 budget request proposes adopting a budget-neutral flat rebate, "allowing private purchasers to negotiate lower prices." CMS Administrator McClellan says further details will be put forth as the agency works with lawmakers.
You may also be interested in...
Administration Seeks Deeper Medicaid Rx Savings Under FY 2007 Budget Request
The budget would further cut pharmacy reimbursement under Medicaid, eliminate "best price" and allow states to use managed care formularies.
Administration Seeks Deeper Medicaid Rx Savings Under FY 2007 Budget Request
The budget would further cut pharmacy reimbursement under Medicaid, eliminate "best price" and allow states to use managed care formularies.
Dropping Medicaid “Best Price” Would Not Reduce Litigation Against Companies, Boston Prosecutor Says
Pharma manufacturers will have the same incentives to violate Medicaid rebate requirements even if they are supposed to be more straightforward than the “best price” system, U.S. Attorney’s Office White Collar Crime Section Chief Loucks predicts.