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Drug costs were derived from ex-factory prices, adjusted with 7.5% mandatory rebate.
A discount to the drug price was applied when applicable due to the mandatory rebate imposed by the Spanish Ministry of Health since May 2010 (Table 1).
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Senator Charles E. Grassley of Iowa, the senior Republican on the Finance Committee, said that mandatory rebates were equivalent to price controls.
Mr. Carper said the proposal to wring more rebate money out of the drug companies would "undermine our ability to pass comprehensive health care reform in this Congress," because the drug industry would have opposed the legislation if it included mandatory rebates.
The CBO already has determined that mandatory rebates reduce the incentive for pharmaceutical companies to develop drugs for seniors.
The SHI funds' savings due to mandatory rebates are not reflected by manufacturers' list prices.
Cost per responder is overestimated by 40%% due to inclusion of taxes and mandatory rebates in German drugs' list prices.
However, all German results are overestimated by 40%% when including VAT and mandatory rebates in the cost calculations.
We provide results without VAT for better international comparability as shown in Table 1.> -wrap-foot> infliximabimab, ETN etanercept, MTX methotrexate, Q1 first quarter of treatment, Qn following quarters of treatment In the last decade, the German legislator has routinely applied mandatory rebates to nonreference price group pharmaceuticals.
What he means by that, unfortunately, is that he wants to impose mandatory Part D "rebates" on pharmaceutical companies similar to those in the Medicaid program.
The proposals dangled the carrot of rebates from mandatory national insurance contributions which can be paid into stakeholder pensions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com