Mandatory, Nation-Wide Most Favored Nation Model Ties Payment for High Cost Part B Drugs to Prices Paid Internationally; Comments Due Jan. 26

Mandatory, Nation-Wide Most Favored Nation Model Ties Payment for High Cost Part B Drugs to Prices Paid Internationally; Comments Due Jan. 26

Today, the Centers for Medicare and Medicaid Services (CMS) issued an interim final rule with comment period (IFC) to implement the Most Favored Nation (MFN) Model (press release, fact sheet), pursuant to President Trump’s executive order (EO) on Lowering Drug Prices by Putting America First. What is it. The MFN Model is a 7-year, mandatory model that will test a… (Slifer, November 20, 2020) #Chronic Diseases, #Costs, #Demonstration Programs, #Physicians, #Prescription Drugs