average manufacturer price
Defined in 3 places of the United States Code.
In this section, the terms “average manufacturer price”, “covered outpatient drug”, and “manufacturer” have the meaning given such terms in section 1927(k) of the Social Security Act [42 U.S.C. 1396r–8(k)].
Source
- 1994–present42 U.S.C. § 256BThe Public Health and Welfare · Limitation on prices of drugs purchased by covered entities · in this section
Subject to subparagraph (B), the term “average manufacturer price” means, with respect to a covered outpatient drug of a manufacturer for a rebate period, the average price paid to the manufacturer for the drug in the United States by—
(i) wholesalers for drugs distributed to retail community pharmacies; and
(ii) retail community pharmacies that purchase drugs directly from the manufacturer.
Source
- 2010–present42 U.S.C. § 1396RThe Public Health and Welfare · Payment for covered outpatient drugs · in this section
Subject to subparagraph (B), the term “average manufacturer price” means, with respect to a covered outpatient drug of a manufacturer for a rebate period, the average price paid to the manufacturer for the drug in the United States by wholesalers for drugs distributed to the retail pharmacy class of trade.
Source
- 2006–201042 U.S.C. § 1396RThe Public Health and Welfare · Payment for covered outpatient drugs · in this section
The term “average manufacturer price” has the meaning, with respect to a part D rebatable drug of a manufacturer, given such term in section 1396r–8(k)(1) of this title, with respect to a covered outpatient drug of a manufacturer for a rebate period under section 1396r–8 of this title.
Source
- 2022–present42 U.S.C. § 1395w-114bThe Public Health and Welfare · Manufacturer rebate for certain drugs with prices increasing faster than inflation · in this section
The term “average manufacturer price” means, with respect to a covered outpatient drug of a manufacturer for a rebate period, the average price paid to the manufacturer for the drug in the United States by wholesalers for drugs distributed to the retail pharmacy class of trade, after deducting customary prompt pay discounts.
Source
- 1994–200642 U.S.C. § 1396RThe Public Health and Welfare · Payment for covered outpatient drugs · in this section