Oklahoma Medicaid Plan For Value-Based Contracts Cleared By CMS
Agency approves "first ever" supplemental rebate plan to enable value-based contracting a US state Medicaid program.
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Michigan follows Oklahoma in gaining approval to negotiate supplemental rebates in the context of value-based contracts for drugs. Oklahoma now has four novel contracts in place.
Congressional inaction on drug pricing legislation has meant the Trump Administration is pursuing a menu of regulatory approaches. For the most part, that means slower and incremental change.
US government involvement in value assessments for prescription drugs and the benefits of outcomes-based contracting in lowering drug prices are among the issues being discussed.