§ 1395w–114d. Selected drug subsidy program
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/usc/title-42/section-1395w-114dA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With respect to covered part D drugs that would be applicable drugs (as defined in section 1395w–114c(g)(2) of this title ) but for the application of subparagraph
(B)of such section, the Secretary shall provide a process whereby, in the case of an applicable beneficiary (as defined in section 1395w–114c(g)(1) of this title ) who, with respect to a year, is enrolled in a prescription drug plan or is enrolled in an MA–PD plan, has not incurred costs that are equal to or exceed the annual out-of-pocket threshold specified in section 1395w–102(b)(4)(B)(i) of this title , and is dispensed such a drug, the Secretary (periodically and on a timely basis) provides the PDP sponsor or the MA organization offering the plan, a subsidy with respect to such drug that is equal to 10 percent of the negotiated price (as defined in section 1395w–114c(g)(6) of this title ) of such drug. ( Aug. 14, 1935, ch. 531 , title XVIII, § 1860D–14D, as added Pub. L. 117–169, title I, § 11201(c)(1) , Aug. 16, 2022 , 136 Stat. 1888 .)
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- 136 Stat. 1888
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