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Title of Rule:Revision to the Medical Assistance Act Rule concerning the Pharmaceutical Rate
Methodology, Section(s) 8.800.1 and 8.800.13
Rule Number: MSB 200424A
Division / Contact / Phone: Pharmacy
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What is pharmaceutical rate methodology?
The pharmaceutical rate methodology is the process used to determine the pricing for pharmaceutical products.
Who is required to file pharmaceutical rate methodology?
Manufacturers, wholesalers, and distributors of pharmaceutical products are required to file the pharmaceutical rate methodology.
How to fill out pharmaceutical rate methodology?
The pharmaceutical rate methodology can be filled out online through the designated regulatory agency's website.
What is the purpose of pharmaceutical rate methodology?
The purpose of pharmaceutical rate methodology is to ensure transparency and fairness in pricing of pharmaceutical products.
What information must be reported on pharmaceutical rate methodology?
The pharmaceutical rate methodology must include details on pricing calculations, cost breakdowns, and any discounts or rebates offered.
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