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S. 1637IntroducedSenate · nowHousePresidentLawIn committee
Sec. 3 · S. 1637

Calculation of average sales price under Medicare

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Section 1847A(c)(3) of the Social Security Act (42 U.S.C. 1395w–3a(c)(3)) is amended— (1) by striking In calculating and inserting the following: (A) In general Subject to subparagraph (B), in calculating; and (2) by adding at the end the following new subparagraph: (B) Certain remuneration under value-based purchasing arrangements excluded In calculating the manufacturer’s average sales price under this subsection for a drug or biological that is sold under a value-based purchasing arrangement (as defined in section 1927(k)(12)) and with respect to which the manufacturer of such drug or biological has elected to include multiple best price points (as described in section 1927(c)(1)(C)(ii)(VI)) in reporting the best price of such drug under section 1927(b), such manufacturer's average sales price shall not include any amount that is excluded from the calculation of the average manufacturer price of such drug or biological under section 1927(k)(1)(B)(i)(IX)..

Sec. 3: Calculation of average sales price under Medicare · Public Law Tracker