Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Medicare_Prompt_Pay_Correction_Act> ?p ?o }
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- Medicare_Prompt_Pay_Correction_Act abstract "In United States legislation, S. 1221 and H.R. 1392 are companion bipartisan bills that eliminate prompt pay discounts from the calculation of Average Sales Price (ASP), which is the basis for Medicare drug reimbursement rates for community cancer clinics. S. 1221 was introduced by Senators Arlen Specter (D-PA) and Pat Roberts (R-KS).H.R. 1392 was introduced by Representatives Gene Green (D-TX), Ed Whitfield (R-KY), Mike Ross (D-AR), Ed Towns (D-NY), Diana DeGette (D-CO), Mike Rogers (R-MI), Betty Sutton (D-OH), Bart Gordon (D-TN), Lee Terry (R-NE) and Ralph Hall (R-TX) and has close to 50 cosponsors.S.1221 and H.R. 1392 will amend title XVIII of the Social Security Act to ensure more appropriate payment amounts for drugs and biologicals under Part B of the Medicare Program by excluding customary prompt pay discounts extended to wholesalers from the manufacturer’s Average Sales Price (ASP). Prompt pay discounts are provided by pharmaceutical manufacturers to drug distributors.Because they are financing terms between manufacturers and distributors, prompt pay discounts are not passed on to community cancer clinics. However, the Medicare Modernization Act of 2003 (MMA) required that prompt pay discounts be included in the calculation of ASP. Their inclusion artificially reduces Medicare reimbursement rates by approximately 2%.Currently the prompt pay discounts artificially reduce Medicare Part B drug reimbursement rates for community oncology clinics, jeopardizing the viability of these providers. Additionally, prompt pay discounts also reduce the payment rates of private payers that use ASP. The bill is a step forward in addressing problems with Medicare reimbursement for cancer drugs.Excluding distributor prompt pay discounts from the ASP methodology is consistent with existing policy and will create greater uniformity among federal healthcare programs, as these terms already are excluded from the Medicaid Average Manufacturer Price (AMP) methodology.".
- Medicare_Prompt_Pay_Correction_Act wikiPageID "24542946".
- Medicare_Prompt_Pay_Correction_Act wikiPageLength "2448".
- Medicare_Prompt_Pay_Correction_Act wikiPageOutDegree "21".
- Medicare_Prompt_Pay_Correction_Act wikiPageRevisionID "601816076".
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Arlen_Specter.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Bart_Gordon.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Betty_Sutton.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Bill_(law).
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Biologicals.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Bipartisanship.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Category:Healthcare_reform_legislation_in_the_United_States.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Category:Medicare_and_Medicaid_(United_States).
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Diana_DeGette.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Ed_Whitfield.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Edolphus_Towns.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Gene_Green.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Lee_Terry.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Medicare_(United_States).
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Medicare_Prescription_Drug,_Improvement,_and_Modernization_Act.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Mike_Rogers_(Michigan_politician).
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Mike_Ross_(politician).
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Pat_Roberts.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Pharmaceutical_drug.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Ralph_Hall.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLink Social_Security_Act.
- Medicare_Prompt_Pay_Correction_Act wikiPageWikiLinkText "Medicare Prompt Pay Correction Act".
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- Medicare_Prompt_Pay_Correction_Act wikiPageUsesTemplate Template:Treatment-stub.
- Medicare_Prompt_Pay_Correction_Act wikiPageUsesTemplate Template:US-fed-statute-stub.
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- Medicare_Prompt_Pay_Correction_Act subject Category:Healthcare_reform_legislation_in_the_United_States.
- Medicare_Prompt_Pay_Correction_Act subject Category:Medicare_and_Medicaid_(United_States).
- Medicare_Prompt_Pay_Correction_Act hypernym Bills.
- Medicare_Prompt_Pay_Correction_Act comment "In United States legislation, S. 1221 and H.R. 1392 are companion bipartisan bills that eliminate prompt pay discounts from the calculation of Average Sales Price (ASP), which is the basis for Medicare drug reimbursement rates for community cancer clinics. S. 1221 was introduced by Senators Arlen Specter (D-PA) and Pat Roberts (R-KS).H.R.".
- Medicare_Prompt_Pay_Correction_Act label "Medicare Prompt Pay Correction Act".
- Medicare_Prompt_Pay_Correction_Act sameAs Q6806643.
- Medicare_Prompt_Pay_Correction_Act sameAs m.080hdwp.
- Medicare_Prompt_Pay_Correction_Act sameAs Q6806643.
- Medicare_Prompt_Pay_Correction_Act wasDerivedFrom Medicare_Prompt_Pay_Correction_Act?oldid=601816076.
- Medicare_Prompt_Pay_Correction_Act isPrimaryTopicOf Medicare_Prompt_Pay_Correction_Act.