On February 2, 2012, the Centers for Medicare & Medicaid Services (CMS) published a proposed rule in the Federal Register which would revise requirements pertaining to Medicaid reimbursement for covered outpatient drugs to implement provisions of the Patient Protection and Affordable Care Act of 2010 as amended by the Health Care and Education Reconciliation Act of 2010 (the “Proposed Rule”). The Proposed Rule would also revise other requirements related to covered outpatient drugs, including key aspects of Medicaid coverage, payment, and the drug rebate program.
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