Live Breaking News & Updates on Medicaid Program Under Title

To embed, copy and paste the code into your website or blog:
The American Rescue Plan Act of 2021, the US$1.9 trillion stimulus package expected to be passed by Congress and signed into law by President Biden by March 14, 2021, contains the first drug pricing legislative action being taken under the new Biden administration.
The American Rescue Plan Act of 2021 includes a provision that eliminates the statutory cap on rebates drug manufacturers pay to Medicaid. These rebates act as a discount off the purchase price and eliminating the cap means that drug company discounts paid to Medicaid can rise. Prior to this change, drug manufacturers could have paid up to 100 percent of the Average Manufacturer Price in rebates to state Medicaid programs for Medicaid-covered drugs. ....

United States , Alex Azar , Ronalda Klain , Corwin Rhyan , Juliette Cubanski , Michael Gallagher , Sarah Karlin Smith , America Ph , Shravya Govindgari , Adamj Fein , Alexm Azar , Devices Industries , Trump Administration Eleventh , Medicaid Program Under Title , American Enterprise Institute , House Committee On Energy , Congressional Budget Office , Health Care Price Growth Increases To Kick , Start Of The Biden Administration , Medicaid Drug Rebate Program , White Case , Ius Dept Of Health , Human Services , Congress On Medicaid , Health Care , American Rescue Plan Act ,