Department of Medical Assistance Services (602)
Request Title | Implement pricing methodology change for pharmaceutical products |
Biennium | 2016-2018 |
Budget Round | Initial Bill |
Category | Appropriation Act language only |
Region | Multiple Regions |
Description
Authorizes the department to implement a federally required pricing methodology change for pharmaceutical products. The Centers for Medicare and Medicaid Services (CMS) has issued final rules on pricing methodology for pharmaceuticals that will require states to pay pharmacies based on actual acquisition cost of the drug (ingredient) plus a professional dispensing fee. It is assumed that the required change will be implemented in a budget neutral fashion. |
Funding Summary
Object Type | FY 2016 | FY 2017 | |
General Fund Dollars | $0 | $0 | |
Nongeneral Fund Dollars | $0 | $0 | |
General Fund Positions | 0.00 | 0.00 | |
Nongeneral Positions | 0.00 | 0.00 | |
General Fund Transfers | $0 | $0 | |
General Fund Revenue | $0 | $0 | |
Layoffs | $0 | $0 | |
Additions to Balance | $0 | $0 |
Funding Details
By Program | Program Code | Program Title | FY 2016 | FY 2017 |
By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-05-2025 18:40:51