Medicare Part B Drug Average Sales Price
Medicare Part B Drug Average Sales Price
CMS will host a webinar on Thursday, December 5, 2024, at 1:00 p.m. EST, for manufacturers of Refundable Drugs in the Medicare Part B Discarded Drug Program. This session is designed to provide an overview of the Discarded Drug Program and provide instructions on how to access Discarded Drug Refund Reports and pay refund amounts due in the Manufacturer Payment Portal (MPP). Sign up now: Webinar Registration.
Medicare pays for some separately payable Medicare Part B-covered drugs and biologics using the average sales price (ASP) methodology. Medicare pays most separately payable drugs and biologics at a rate of ASP plus 6%. To calculate the ASP and payment of each drug and biologic, manufacturers submit sales data, including discounts. CMS publishes the payment amounts each quarter.
Page Last Modified:
10/29/2024 11:36 AM