Medicaid Drug Rebate Program

E637326

The Medicaid Drug Rebate Program is a U.S. federal initiative that requires drug manufacturers to provide rebates to state Medicaid programs in exchange for Medicaid coverage of their outpatient prescription drugs, helping control costs for the program.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf U.S. federal program ⓘ
drug rebate program ⓘ
administeredBy Centers for Medicare & Medicaid Services ⓘ
U.S. Department of Health and Human Services ⓘ
agreementType national rebate agreement ⓘ
appliesTo brand-name drugs ⓘ
generic drugs ⓘ
outpatient prescription drugs ⓘ
state Medicaid programs ⓘ
associatedWithForm CMS-64 ⓘ
CMS-R-144 ⓘ
benefits federal Medicaid program ⓘ
state Medicaid agencies ⓘ
complianceRequirement manufacturers must pay quarterly rebates ⓘ
manufacturers must report pricing data to CMS ⓘ
conditionFor Medicaid coverage of manufacturers’ outpatient drugs ⓘ
country United States ⓘ
covers innovator multiple-source drugs ⓘ
non-innovator multiple-source drugs ⓘ
single-source drugs ⓘ
dataReportedBy participating drug manufacturers ⓘ
establishedBy Omnibus Budget Reconciliation Act of 1990 ⓘ
excludes most inpatient hospital drugs ⓘ
frequencyOfRebates quarterly ⓘ
fundingFlow manufacturers pay rebates to states ⓘ
fundingFlow states share rebate information with CMS ⓘ
impact reduces net cost of covered outpatient drugs for Medicaid ⓘ
legalBasis Social Security Act Section 1927 ⓘ
monitoredBy CMS Medicaid and CHIP Operations Group ⓘ
policyTool pharmaceutical pricing regulation mechanism ⓘ
purpose to ensure Medicaid receives best price rebates from manufacturers ⓘ
to reduce Medicaid prescription drug costs ⓘ
rebateType additional inflation-based rebate ⓘ
basic rebate ⓘ
relatedTo 340B Drug Pricing Program ⓘ
Medicaid Drug Utilization Review Program ⓘ
Medicaid prescription drug benefit ⓘ
Medicare Part D drug coverage ⓘ
linked to: Medicare Part D
requires drug manufacturers to pay rebates to state Medicaid programs ⓘ
states to submit utilization data to manufacturers ⓘ
requiresAgreementWith drug manufacturers ⓘ
scope outpatient drugs only ⓘ
startDate 1991 ⓘ
supports Medicaid drug cost containment ⓘ
targetPopulation Medicaid beneficiaries using outpatient prescription drugs ⓘ
usesDataFrom Average Manufacturer Price ⓘ
Best Price ⓘ
National Drug Code ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

340B Drug Pricing Program → relatedProgram → Medicaid Drug Rebate Program ⓘ
Medicaid Drug Rebate Program → relatedTo → Medicaid prescription drug benefit ⓘ
linked to: Medicaid Drug Rebate Program
OBRA-90 → appliesTo → Medicaid outpatient prescription drugs ⓘ
linked to: Medicaid Drug Rebate Program