Sec. 308. Report to Federal agencies
127 words·~1 min read·
/bill/115/hr/7339/ih/section-308A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 1 year after the effective date of the regulations under section 307 and annually thereafter, the Board shall submit to each Federal agency that dispenses or makes payments for the dispensing of prescription drugs or medical devices a report containing— a list of each prescription drug and medical device for which an excessive price was charged during the preceding calendar year, as determined by the Board under section 304; recommendations to the Federal agency against dispensing or making payments for the dispensing of the prescription drug or medical device; and recommendations to the Federal agency to substitute, in place of any drug or device listed pursuant to paragraph (1), a similar prescription drug or medical device that is not sold at an excessive price.