Rebate Reduction Requests
underSections 11101 and 11102 of the Inflation Reduction Act
(CMS-10858) - IRA
No
material or nonsubstantive change to a currently approved
collection
No
Regular
07/19/2024
Requested
Previously Approved
07/31/2027
07/31/2027
20
20
620
620
0
0
The Centers for Medicare &
Medicaid Services (CMS) is requesting review and approval of data
collection related to section 11101 and 11102 of the Inflation
Reduction Act of 2022 (IRA; P.L. 117-169). Under the authority in
sections 11101 and 11102 of the IRA, CMS is implementing the
Medicare Part B Drug Inflation Rebate Program and the Medicare Part
D Drug Inflation Rebate Program codified in section 1847A(i) and
section 1860D-14B of the Social Security Act (“the Act”),
respectively. The statute provides that CMS must reduce or waive
the rebate amount for a Part B biosimilar biological product and
generic Part D rebatable drug or biosimilar when CMS determines
there is a severe supply chain disruption, such as a disruption
caused by a natural disaster or other unique or unexpected event.
CMS also must reduce or waive the rebate amount for a generic Part
D rebatable drug if CMS determines that without such reduction or
waiver, the drug is likely to be described as in shortage during a
subsequent applicable period. Some of the information and
supporting documentation needed for CMS to make a determination
regarding a severe supply chain disruption and the likelihood of a
future shortage are held by manufacturers and are not available to
CMS. For CMS to determine whether there is a severe supply chain
disruption or likelihood of future shortage, in accordance with
sections 1847A(i)(3)(G)(ii), 1860D-14B(b)(1)(C)(ii), and
1860D-14B(b)(1)(C)(iii) of the Act, a manufacturer must submit a
request and supporting documentation (as described in Appendix A,
B, C, and D, as applicable) to CMS to receive consideration for a
rebate reduction.
US Code:
42 USC 1395w–3a Name of Law: Use of Average Sale Price Payment
Methodology
US Code:
42 USC 1395w–114b Name of Law: Manufacturer rebate for certain
drugs with prices increasing faster than inflation
PL:
Pub.L. 117 - 169 11101 and 11102 Name of Law: Inflation
Reduction Act of 2022
PL: Pub.L. 117 - 169 11101 and 11102 Name of
Law: Inflation Reduction Act of 2022
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.