DRAFT MEDICARE TRANSACTION FACILITATOR PROGRAM AGREEMENTMedicare Transaction Facilitator Program Agreement • December 17th, 2024
Contract Type FiledDecember 17th, 2024WHEREAS, pursuant to sections 1191 through 1198 of the Social Security Act (“the Act”), as set forth in the Inflation Reduction Act (“IRA”), P.L. 117-169, CMS is responsible for the administration of the Medicare Drug Price Negotiation Program (hereinafter referred to as the “Negotiation Program”), which sets forth a framework under which participating manufacturers and CMS may negotiate to determine a price (referred to as “maximum fair price” in the Act and hereinafter “MFP”) for each selected drug in order for manufacturers to provide access to such MFP to MFP-eligible individuals and to pharmacies, mail order services, and other dispensing entities; and