Supplemental Rebate definition

Supplemental Rebate means, with respect to the Supplemental Covered Product(s), the quarterly payment by Manufacturer pursuant to Section 4.2 of this Agreement.

Supplemental Rebate means a cash rebate that offsets a Kentucky Medicaid expendi- ture and that supplements the Centers for Medicare and Medicaid Services National Rebate Program.

Supplemental Rebate. Amount Per Unit’ means, with respect to the Supplemental Covered Product(s), the amount(s) by NDC#, as specified in the attached Addendum A, that the Manufacturer has agreed to reimburse the Division per unit of Supplemental Covered Product in accordance with the formula detailed in the attached Addendum A.

Examples of Supplemental Rebate in a sentence

• The products to which the Supplemental Rebate Agreement shall apply are the following: Manufacturer NDC Product Description Formula ATTACHMENT B Rebate Formula Manufacturer NDC (11 digits required) Product Description WAC National Rebate Tier1 Formula2 Contracted GNP Comments 1 Tiers (Preferred Brand Levels) Preferred Brand Levels, referred to as Tiers in the offer entry system, represent how the Member States will use an offer in a given tier.

• Some drugs may be designated as recommended due to the Manufacturer’s State Supplemental Rebate offer..

• The Department and the Manufacturer have entered into this Agreement for the purpose of establishing a Supplemental Rebate for the Medicaid population, which will be in addition to rebates received under the CMS Rebate Agreement received pursuant to 42 U.S.C. § 1396r-8 for the Manufacturer’s Covered Product(s) quarterly utilization in the Iowa Medicaid Program.

• The Department and Manufacturer have entered into this Agreement for the purpose of establishing a State Supplemental Rebate for utilization of the Manufacturer’s Preferred and Recommended Product(s) by the Medicaid Population, which will be in addition to rebates received under the National Medicaid Drug Rebate Agreement, pursuant to 42 U.S.C. § 1396r-8.

• The Supplemental Rebate shall be calculated pursuant to the Supplemental Rebate Formula as set forth in Attachment A.

More Definitions of Supplemental Rebate

Supplemental Rebate means the quarterly amount invoiced by a State Medicaid Agency under this Agreement, as calculated in accordance with the TOP$sm Multistate Supplemental Drug Rebate Formulae (Attachment B). Where a Participating Medicaid Program has elected to include Medicaid MCO utilization as permitted under this Agreement and the Participating Medicaid Program’s Medicaid Plan, the term “State Supplemental Rebate” shall include the rebates invoiced hereunder with respect to such Medicaid MCO utilization, in addition to the applicable state fee-for-service Medicaid utilization. In no case may the State Supplemental Rebate amount be a negative amount.

Supplemental Rebate means any monetary payment remitted by the Manufacturer, pursuant to this Agreement, that supplements the Federal Rebate.

Supplemental Rebate means a supplemental rebate under subdivision ten of section two hundred seventy-two of this article.

Supplemental Rebate means a cash rebate a

Supplemental Rebate means a rebate negotiated by a state and paid by a drug manufacturer to a state for drugs.

Supplemental Rebate means a cash rebate a manufacturer pays to this state:

Supplemental Rebate means, with respect to the Supplemental Covered Product(s), the quarterly payment made by the Manufacturer pursuant to Section 4.2 of this Agreement. 3.17. ‘Wholesale Acquisition Cost’ or ‘WAC’ means the Manufacturer’s U.S. Dollar wholesale acquisition price in effect on the last day of the applicable quarter on a per unit basis, as published by a third party source, such as First Databank or MediSpan, for each product and is understood to represent the Manufacturer’s published price for a drug product to wholesalers. Any dispute as to the applicable WAC shall be conducted in accordance with the dispute provisions contained herein.