Rebates definition
Examples of Rebates in a sentence
If applicable, State or its designee will invoice Manufacturer for the Outcome- Based Supplemental Rebates within ninety (90) days after the end of the Settle-Up Period.
State or its designee shall invoice Manufacturer for Outcome-Based Supplemental Rebates separately from the MDRP statutory rebate or any other state supplemental rebate, using the format set forth by CMS.
State will remit the appropriate share of the Outcome-Based Supplemental Rebates received from Manufacturer to CMS as required under its approved State Plan or a federal waiver.
The Parties agree to define the Utilization Population on which the Outcome- Based Benchmarks shall be measured as follows: Evaluation Methodology – The Parties agree to the following Evaluation Methodology for evaluating the performance of the Covered Product during the Utilization Period: Data Aggregator – The Data Aggregator is authorized by State to track Covered Product’s utilization, to evaluate its performance and to calculate the Outcome-Based Supplemental Rebates.
It is understood that Manufacturer is liable for the payment of Outcome-Based Supplemental Rebates only for Covered Products dispensed or administered to Medicaid recipients.