Prescription Drug Rebate definition

Prescription Drug Rebate means aggregated information regarding the total amount of any prescription
Sample 1Sample 2Sample 3
Prescription Drug Rebate means aggregated information regarding the total amount of any prescription drug rebates and other pharmaceutical manufacturer compensation or price concessions paid by pharmaceutical manufacturers to a payer or their pharmacy benefit manager(s).
Sample 1Sample 2Sample 3
Prescription Drug Rebate means aggregated information regarding the total amount of any prescription drug rebatesand other pharmaceutical manufacturer price concessions paid by pharmaceutical manufacturers to a payer or their pharmacy benefit manager(s).
Sample 1

Examples of Prescription Drug Rebate in a sentence

  • The HHSC shall report these data on each fiscal year for which the Prescription Drug Rebate program has collected rebates and also on a cumulative basis for the last five years.

  • The Health Plan shall provide a monthly report on drug utilization for all covered outpatient drugs eligible for rebates through the Medicaid Prescription Drug Rebate Program, excluding drugs that are subject to the 340B drug pricing program.

  • 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.

  • 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.

  • 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).

  • The Best Price component of the Medicaid Prescription Drug Rebate Program serves as a constraint for other populations as well.

  • Association of Branded Prescription Drug Rebate Size and Patient Out-of-Pocket Costs in a Nationally Representative Sample, 2007-2018.

  • 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.

  • Each Payer shall file annually its TME by Physician Group, Physician Local Practice Group, and Member zip code; its Relative Prices for Hospitals, Physicians, and Other Providers; its APMs by Registered Provider Organization, Hospital, Physician Group, Physician Local Practice Group, Other Provider, and Member zip code, its Prescription Drug Rebate data, and its Primary Care and Behavioral Health Expenses by Physician Group in accordance with the requirements of 957 CMR 2.04, 2.05, 2.06, 2.07 and 2.08.

  • 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.

Related to Prescription Drug Rebate

  • Prescription drug means any drug required by federal law or regulation to be dispensed only

  • Prescription drugs means drugs, medicine and controlled substances which by law can only be prescribed for human use by persons authorized by law.

  • Nonprescription drug or "over-the-counter drug" means any

  • Nonprescription drugs means nonnarcotic medicines or drugs which may be sold without a prescription and are prepackaged and labeled for use by the consumer in accordance with the requirements of the statutes and regulations of this state and the federal government;

  • Participating Prescription Drug Provider means an independent retail Pharmacy, chain of retail Pharmacies, mail-order Pharmacy or specialty drug Pharmacy which has entered into an agreement to provide pharmaceutical services to participants in the benefit program. A retail Participating Pharmacy may or may not be a select Participating Pharmacy as that term is used in the Vaccinations Obtained Through Participating Pharmacies section.

  • Drug abuse means any pattern of pathological use of drugs that causes impairment in social or occupational functioning, or that produces physiological dependency evidenced by physical tolerance or by physical symptoms when it is withdrawn.

  • Prescription means an order for drugs or medical supplies, written or signed or transmitted by word

  • Drug means (i) articles or substances recognized in the official United States Pharmacopoeia

  • New Drug Application means a new drug application in the United States for authorization to market a product, as defined in the applicable laws and regulations and submitted to the FDA.

  • FFDCA means the United States Federal Food, Drug, and Cosmetic Act, as amended from time to time, together with any rules, regulations and requirements promulgated thereunder (including all additions, supplements, extensions and modifications thereto).

  • Prescription monitoring program means the electronic system within the Department of Health Professions that monitors the dispensing of certain controlled substances.

  • FDA means the United States Food and Drug Administration.

  • Drug addiction means a disease characterized by a

  • Participating Clinical Laboratory means a Clinical Laboratory which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Biological safety cabinet means a containment unit suitable for the preparation of low to moderate risk agents where there is a need for protection of the product, personnel, and environment, according to National Sanitation Foundation (NSF) Standard 49.

  • HCFA means the United States Health Care Financing Administration and any successor thereto.

  • Clinical laboratory means a facility for the microbiological, serological, chemical, hematological, radiobioassay, cytological, immunohematological, pathological, or other examination of materials derived from the human body for the purpose of providing information for the diagnosis, prevention, or treatment of a disease or assessment of a medical condition.

  • Federal Health Care Program has the meaning set forth in 42 U.S.C. 1320a-7b(f).

  • Rural health clinic means a rural health clinic as defined under section 1861 of part C of title XVIII of the social security act, chapter 531, 49 Stat. 620, 42 U.S.C. 1395x, and certified to participate in medicaid and medicare.