“The head of Medicare and Medicaid said a demonstration project to tie Medicare Part B prices to those prices paid overseas is a ‘top priority’ despite delays in getting out a proposed rule.”
“Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma told reporters Thursday that ‘we are fast and furious on’ getting out the proposed International Pricing Index (IPI) model.”
“Her comments come as other drug pricing initiatives by the Department of Health and Human Services (HHS) have been blocked or pulled…”
“HHS released an advanced notice of proposed rule-making last October outlining the program that targets certain physician-administered drugs paid for under Medicare Part B. HHS had planned to release the proposed rule by this spring and start the demonstration program by spring 2020, but so far no proposed rule has been released.” Read the full article here.
Source: Verma: CMS working ‘fast and furious’ on IPI drug pricing model, but doesn’t say when it will be released – By Robert King, August 15, 2019. Fierce Healthcare.