Part Two: The MFN Drug Pricing Rule and the Rebate Rule: Where Do We Go From Here?
Part One: Two new Medicare Drug Pricing Rules in One Day: What are the MFN and the Rebate Drug Pricing Rules?
Drug Pricing Initiatives During the Trump Presidency
Last Tuesday, Governor Hochul released her $252B FY26 Executive Budget. The proposal includes funding for $1B in tax cuts for middle class New Yorkers, $3B in rebate checks, $800M to expand the state’s child tax credit, $340M...more
Pennsylvania recently enacted two new insurance laws that significantly expand the permissible kinds of value-added products and services that may be provided by insurance licensees in general and the fees that may be charged...more
As expected (and feared), March madness has engulfed the State Capitol as legislators press to pass measures on the penultimate day of the 2021 Legislative Session. From late-arriving Rules Committee substitutes and...more
Tax professionals are on the frontlines, responding to state, federal and international tax developments that significantly impact business objectives. California taxpayers face particularly unique challenges. Join members...more
The NAIC and states are reviewing whether to flush those provisions of state anti-rebating laws that inhibit innovation in the insurance industry. The NAIC Unfair Trade Practices Act (#880) prohibits offering any premium...more
On March 27, 2019, Governor Justice signed two bills that impact the coal severance tax in West Virginia: 1) HB 3142, which reduces the rate of severance tax imposed on steam or thermal coal and 2) HB 3144, which creates a...more
The New York State Department of Environmental Conservation (DEC) has announced the availability of $300,000 in rebates from the state's Environmental Protection Fund to municipalities for the purchase or lease of...more
Following a truncated August recess, the House and the Senate returned to Washington after Labor Day with a full plate of legislative items to address prior to the end of the fiscal year on September 30. That list includes...more
On July 25, 2018, the Public Utilities Commission of Ohio (PUCO) approved the joint application of AEP Ohio and Sofidel America to commit the energy efficiency benefits of Sofidel’s combined heat and power (CHP) project to...more
The Ohio Bureau of Workers’ Compensation (BWC) has opened its registration for a program beneficial to small employers across Ohio. The Policy Activity Rebate (PAR) plan will provide employers a chance to earn a 50 percent...more
Joining a majority of states, Pennsylvania recently enacted a “de minimis exception” to its rebating and inducement laws. Pennsylvania law generally prohibits providing policyholders any valuable consideration or inducement...more
On April 24, 2018, the Ohio Bureau of Workers’ Compensation (BWC) proposed a $1.5 billion premium rebate for state-funded employers. If the BWC board of directors approves the rebate next month, employers could receive their...more
Notwithstanding the enactment of a first-in-the-nation drug spending cap last year, in light of the $4.4 billion deficit and ongoing concerns about the opioid crisis it was inevitable that this year New York State would once...more
Last week, the California Assembly Committee on Business and Professions voted in favor of Assembly Bill 315. AB 315 seeks to amend the California Business and Professions Code: (a) to require PBMs to obtain licensure from...more
The practice of rebating has long been prohibited in nearly every state across the country. Despite this long-standing and widespread prohibition, the full scope of services that are and are not permissible under each state’s...more