price applicability period
Defined in 2 places across 2 titles of the United States Code.
The term "price applicability period" means, with respect to a qualifying single source drug, the period beginning with the first initial price applicability year with respect to which such drug is a selected drug and ending with the last year during which the drug is a selected drug.
Source
- 2022–present42 U.S.C. § 1320fThe Public Health and Welfare · Establishment of program · for purposes of this part
The terms "initial price applicability year", "price applicability period", and "maximum fair price" have the meaning given such terms in section 1191 of the Social Security Act.
Source
- 2022–present26 U.S.C. § 5000DInternal Revenue Code · Designated drugs during noncompliance periods · for purposes of this section