applicable threshold percentage
Defined in 1 place of the United States Code.
In this paragraph, the term “applicable threshold percentage” means—
(i) in 2005, in the case of an average sales price for a drug or biological that exceeds widely available market price or the average manufacturer price, 5 percent; and
(ii) in 2006 and subsequent years, the percentage applied under this subparagraph subject to such adjustment as the Secretary may specify for the widely available market price or the average manufacturer price, or both.
Source
- 2003–present42 U.S.C. § 1395WThe Public Health and Welfare · Use of average sales price payment methodology · under this section