The Trump Administration is considering a controversial plan, the International Pricing Index (IPI) model, which would tie Medicare Part B prescription drug payment rates to amounts paid for such drugs in other developed countries. The Centers for Medicare and Medicaid Services' proposed IPI model also would replace the current "buy and bill" system for Part B drugs with a new drug distribution and billing model. Comments on the proposal are due December 31, 2018.
Reed Smith has prepared a client alert analyzing the IPI model; the alert is available here.
This article is presented for informational purposes only and is not intended to constitute legal advice.