State Supplemental definition

State Supplemental. Rebate shall mean the quarterly amount invoiced by the Ohio Department of Medicaid as calculated in accordance with the Contracted Product Attachment of this Agreement. Pursuant to 42 CFR §447.504(c), State Supplemental Rebates are excluded from AMP. Pursuant to 42 CFR §447.505(c), State Supplemental Rebates are excluded from best price.
State Supplemental. Rebate shall mean the quarterly amount invoiced by DOM as calculated in accordance with the Contracted Products Attachment A. Pursuant to 42 C.F.R. § 447.504(h), State Supplemental Rebates are excluded from AMP. Pursuant to 42 C.F.R. § 447.505(d), State Supplemental Rebates are excluded from Best Price.

Examples of State Supplemental in a sentence

  • Either party may, at any time and at its own expense, hire a mutually agreed upon independent auditor to verify the accuracy of the Department’s calculation of the State Supplemental Rebate or the Manufacturer’s calculations and payment figures.

  • The School may choose to provide a summer school program using State Supplemental Academic Instruction (SAI) funds.

  • The Manufacturer shall pay to the Department the State Supplemental Rebate amount in accordance with the formula set forth in Attachment B.

  • It is understood that the Pharmaceutical Manufacturer is liable for the payment of State Supplemental Rebates only for Covered Products (as identified by the 11-digit NDC code) distributed (directly or through the wholesale channel) to retail Pharmacies and dispensed to Medicaid Members.

  • If either party discovers an error in the payment of State Supplemental Rebates, it shall notify the other of such error.

  • This State Supplemental Rebate is in addition to the CMS Rebates.

  • If the Manufacturer elects to discontinue production, marketing or distribution of any Covered Product or to transfer or license any Covered Product to a third party, the Manufacturer shall make every reasonable effort to notify the Department prior to such action so that the Department can negotiate with such third party for State Supplemental Rebates on such Covered Product or remove such Covered Product from the Preferred Drug List and/or Recommended Drug List.

  • In the event that no subsequent State Supplemental Rebates are payable, the Department will refund any such overpayment to the Manufacturer within thirty (30) days after an acknowledgement or final determination that the overpayment has been made.

  • This State Supplemental Rebate is in addition to the National Rebates.

  • The Department shall submit the State Supplemental Rebate invoice to the Manufacturer within ninety (90) days after the fiscal quarter in which the Product was paid by the Department.