CMS Rebate definition

CMS Rebate means, with respect to the Covered Product, the quarterly payment by the Pharmaceutical Manufacturer pursuant to Pharmaceutical Manufacturer’s Medicaid Drug Rebate Agreement made in accordance with Section 1927(c)(1) or Section 1927(c)(3) of the Social Security Act (42 U.S.C. 1396r-8(c)(1) and 42 U.S.C. 1396r-8(3)).
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CMS Rebate means, with respect to the Covered Product(s), the quarterly payment by Manufacturer pursuant to Sections 4, I of this Agreement.
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CMS Rebate or “Federal Rebate” means, with respect to the Supplemental Covered Product(s), the quarterly payment by the Manufacturer to the State pursuant to the Federal Rebate Agreement.
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Examples of CMS Rebate in a sentence

  • Formula for Supplemental Rebate calculation: WAC- CMS Rebate - Guaranteed Net Price = Supplemental Rebate per Unit MDDB Last Day WAC: WAC used shall be the last listed rate in the current quarter from drug information database files such as Medispan.


More Definitions of CMS Rebate

CMS Rebate means, with respect to the Covered Product(s), the quarterly payment made by the Manufacturer to states as detailed in Sections 3.5, 3.6, and 4.1 of this Agreement.
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CMS Rebate means, with respect to the Supplemental Covered Product(s), the quarterly payment by Manufacturer
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Related to CMS Rebate

  • Rebate shall have the same meaning as ascribed thereto in Article 10.3.4 of this Agreement;

  • HMO means health maintenance organization.

  • Medicaid program means the Kansas program of medical

  • Medicaid means the medical assistance programs administered by state agencies and approved by CMS pursuant to the terms of Title XIX of the Social Security Act, codified at 42 U.S.C. 1396 et seq.

  • Cost-reimbursement contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this code, and paid a fee, if any.

  • Medicare means the “Health Insurance for the Aged Act,” Title XVIII of the Social Security Amendments of 1965, as then constituted or later amended.

  • CMS means the Centers for Medicare and Medicaid Services.