WASHINGTON, Dec. 23 -- Centers for Medicare & Medicaid Services has issued a proposed rule called: Guarding U.S. Medicare Against Rising Drug Costs (GUARD) Model.
The proposed rule was published in the Federal Register on Dec. 23 by Robert F. Kennedy, Secretary, Department of Health and Human Services.
Summary: This proposed rule would implement the Guarding U.S. Medicare Against Rising Drug Costs (GUARD) Model to test a new Medicare payment model under section 1115A of the Social Security Act. The model proposes a test of an alternative payment method for calculating inflation rebates for certain Part D drugs and biological products. The proposed GUARD Model would test whether changing the calculation of the Part D inflation rebate would...