Notice2023-05411
Inflation Reduction Act (IRA) Initial Program Guidance; Comment Request
Primary source
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Published
March 17, 2023
Issuing agencies
Health and Human Services DepartmentCenters for Medicare & Medicaid Services
Abstract
The Centers for Medicare & Medicaid Services (CMS) is announcing an opportunity for the public to comment on CMS' initial guidance for the Medicare Drug Price Negotiation Program for the implementation of the Inflation Reduction Act. CMS will be releasing additional Inflation Reduction Act-related guidance; all can be viewed on the dedicated Inflation Reduction Act section of the CMS website at https://www.cms.gov/inflation-reduction-act-and-medicare/.
Full Text
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<title>Federal Register, Volume 88 Issue 52 (Friday, March 17, 2023)</title>
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[Federal Register Volume 88, Number 52 (Friday, March 17, 2023)]
[Notices]
[Page 16449]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-05411]
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DEPARTMENT OF HEALTH AND HUMAN SERVICES
Centers for Medicare & Medicaid Services
[CMS-1800-NC2]
Inflation Reduction Act (IRA) Initial Program Guidance; Comment
Request
AGENCY: Centers for Medicare & Medicaid Services, Health and Human
Services (HHS).
ACTION: Notice.
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SUMMARY: The Centers for Medicare & Medicaid Services (CMS) is
announcing an opportunity for the public to comment on CMS' initial
guidance for the Medicare Drug Price Negotiation Program for the
implementation of the Inflation Reduction Act. CMS will be releasing
additional Inflation Reduction Act-related guidance; all can be viewed
on the dedicated Inflation Reduction Act section of the CMS website at
<a href="https://www.cms.gov/inflation-reduction-act-and-medicare/">https://www.cms.gov/inflation-reduction-act-and-medicare/</a>.
DATES: Comments must be received by April 14, 2023.
ADDRESSES: Written comments should be sent to
<a href="/cdn-cgi/l/email-protection#93dac1d2c1f6f1f2e7f6f2fdf7ddf6f4fce7faf2e7fafcfdd3f0fee0bdfbfbe0bdf4fce5"><span class="__cf_email__" data-cfemail="f3baa1b2a19691928796929d97bd96949c879a92879a9c9db3909e80dd9b9b80dd949c85">[email protected]</span></a> with the relevant subject
line,``Medicare Drug Price Negotiation Program Guidance.''
SUPPLEMENTARY INFORMATION: The Inflation Reduction Act was signed into
law on August 16, 2022. Sections 11001 and 11002 of the Inflation
Reduction Act (IRA) (Pub. L. 117-169) established the Medicare Drug
Price Negotiation Program (hereafter the ``Negotiation Program'') to
negotiate Maximum Fair Prices (MFPs) for certain high expenditure,
single source drugs and biological products. The requirements for this
program are described in sections 1191 through 1198 of the Social
Security Act (hereafter ``the Act'') as added by sections 11001 and
11002 of the Inflation Reduction Act.
To obtain copies of the Negotiation Program initial guidance and
other Inflation Reduction Act-related documents, please access the CMS
Inflation Reduction Act website by copying and pasting the following
web address into your web browser: <a href="https://www.cms.gov/inflation-reduction-act-and-medicare">https://www.cms.gov/inflation-reduction-act-and-medicare</a>. If interested in receiving CMS Inflation
Reduction Act updates by email, individuals may sign up for CMS
Inflation Reduction Act's email updates at <a href="https://www.cms.gov/About-CMS/Agency-Information/Aboutwebsite/EmailUpdates">https://www.cms.gov/About-CMS/Agency-Information/Aboutwebsite/EmailUpdates</a>.
The Administrator of the Centers for Medicare & Medicaid Services
(CMS), Chiquita Brooks-LaSure, having reviewed and approved this
document, authorizes Evell J. Barco Holland, who is the Federal
Register Liaison, to electronically sign this document for purposes of
publication in the Federal Register.
Dated: March 13, 2023.
Evell J. Barco Holland,
Federal Register Liaison, Centers for Medicare & Medicaid Services.
[FR Doc. 2023-05411 Filed 3-15-23; 4:15 pm]
BILLING CODE 4120-01-P
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