Examples of Prescription Drug Rebate in a sentence
Prescription Drug Rebate SharingCareFirst may be eligible for rebates from Prescription drug manufacturers upon negotiating directly with manufacturers.CareFirst and the Sponsor agree to the extent to which any such rebates are shared.M. Credit MonitoringCareFirst may offer credit monitoring to Members through services administered by the Designated Credit Monitoring Provider.
An amendment would be necessary should the state wish to attribute a22 | P a g eDemonstration Approval Period: January 1, 2018, through December 31, 2022portion of the Prescription Drug Rebate to expenditures for the population included in the Basic demonstration.
The Best Price component of the Medicaid Prescription Drug Rebate Program serves as a constraint for other populations as well.
Adjustments to pharmaceuticals included in the projection recognize limitations for greater discounting for Medicaid eligible populations due to the Medicaid Prescription Drug Rebate Program (MDRP).
To control expenditures, the Medi- caid Prescription Drug Rebate Program (MDRP) imposes to manufacturers that want their drugs covered under Medicaid to rebate a specified portion of the Medicaid payment for the drugs to the states, which in turn share the rebates with the federal government.
To align with updated March 2021 caseload projections and FMAP rates, Fiscal staff recommends technical adjustments to increase drug rebate revenues transferred out to the new Prescription Drug Rebate budget by $28.9 million, from $640.5 million to $669.4 million over the 2021-23 biennium, and to increase the net General Fund offset in this budget by $461,322, from $155.1 million to $155.5 million, over the biennium.
In line with the requirements of the Medicaid Prescription Drug Rebate Program, every state reports utilization for covered outpatient drugs paid for by state Medicaid agencies.
In that regard, CareFirst will not provide to the plan sponsor named herein or unauthorized third parties any personally identifiable medical information without the prior written authorization of the patient or parent/guardian of the patient or as otherwise permitted by law.L. Prescription Drug Rebate SharingCareFirst may be eligible for rebates from Prescription drug manufacturers upon negotiating directly with manufacturers.
An amendment would be necessary should the state wish to attribute a portion of the Prescription Drug Rebate to expenditures for the population included in the Basic demonstration.
If the actual Prescription Drug Rebate amount the PBM receives is greater than the Pharmacy Rebate Offset the Employer received from PBM, then PBM shall return the difference between the actual Prescription Drug Rebate amount and the Pharmacy Rebate Offset to the Employer.