Title II. The Role of Public Programs
Saving Money on Prescription Drugs
The government will save money with increased rebates on prescription drugs furnished under Medicaid. The rebates will increase from 15.1 to 23.1 to more accurately reflect market prices and discounts typically provided by drug manufacturers to large volume purchasers. Drug manufacturers will also be required to extend these same rebates to new drug formulations and Medicaid managed care organizations.