Medicaid drug rebate program

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:administeredBy gptkb:Centers_for_Medicare_&_Medicaid_Services
gptkbp:appliesTo outpatient prescription drugs
gptkbp:compatibleWith Medicaid coverage of drugs
gptkbp:covers gptkb:District_of_Columbia
gptkb:U.S._territories
all 50 U.S. states
gptkbp:enforcedBy gptkb:Centers_for_Medicare_&_Medicaid_Services
gptkbp:establishedBy gptkb:Omnibus_Budget_Reconciliation_Act_of_1990
https://www.w3.org/2000/01/rdf-schema#label Medicaid drug rebate program
gptkbp:includes innovator drugs
non-innovator drugs
gptkbp:purpose to reduce Medicaid prescription drug costs
gptkbp:rebateCalculation based on Average Manufacturer Price (AMP)
based on Best Price
gptkbp:rebatePaidBy pharmaceutical manufacturers
gptkbp:rebatePaidTo gptkb:state_Medicaid_agencies
gptkbp:relatedTo gptkb:Medicaid
gptkb:340B_Drug_Pricing_Program
Medicare Part D
gptkbp:requires quarterly reporting by manufacturers
manufacturers to enter into a national rebate agreement with the Secretary of Health and Human Services
drug manufacturers to pay rebates to state Medicaid programs
gptkbp:startDate 1991
gptkbp:website https://www.medicaid.gov/medicaid/prescription-drugs/medicaid-drug-rebate-program/index.html
gptkbp:bfsParent gptkb:Omnibus_Budget_Reconciliation_Act_of_1989
gptkb:Centers_for_Medicare_&_Medicaid_Services_(CMS)
gptkbp:bfsLayer 6