tci Medicare Compliance & Reimbursement - 2003 Issue 38

Pharmaceuticals: DRUGMAKER PRICE-CHANGE RULES DELAYED TO 2004

New recordkeeping requirements to go into effect Jan. 1.  The new three-year time limit for pharma companies to submit drug price recalculations to Medicaid won't go into effect until next year. In the Sept. 26 installment of the Federal Register, the Centers for Medicare & Medicaid Services says it's changing the effective date of its Aug. 29 regulation on the subject from Oct. 1, 2003 to Jan. 1, 2004. The agency says the originally published Oct. 1 date was incorporated into the rule by mistake. In addition to the price change limit, the rule also requires drugmakers to...

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