Posts Tagged ‘Pharmacy benefits manager’
HHS Proposes Changes to Drug Rebate Safe Harbors
The U.S. Department of Health & Human Services (HHS) has issued a proposed rule that would amend the safe harbor regulation for certain drug rebates that manufacturers pay to pharmacy benefit managers (PBMs) Medicare Part D, and Medicaid managed care organizations (MCOs). Published in the Federal Register on February 6, the proposal is designed to…
Read MorePharmacy Benefits Manager OptumRX requires VAWD accreditation
Pharmacy Benefit Manager (PBM) OptumRx announced this month that effective Oct. 1, it will only accept billed claims for products purchased from a Verified-Accredited Wholesale Distributor (VAWD). The National Association of Boards of Pharmacy VAWD program is an accreditation for pharmaceutical wholesale distribution facilities designed to ensure compliance with state and federal laws and VAWD…
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