HB2532: DMAS; state plan amendment, value-based purchasing agreements for covered drugs.

HOUSE BILL NO. 2532

Offered January 9, 2019
Prefiled January 9, 2019
A BILL to require the Department of Medical Assistance Services to amend the state plan for medical assistance to allow for supplemental rebate agreements involving value-based purchasing arrangements for covered drugs.
Patron-- Head

Committee Referral Pending

Be it enacted by the General Assembly of Virginia:

1. § 1. That the Department of Medical Assistance Services (the Department) shall amend the state plan for medical assistance pursuant to Title XIX of the Social Security Act to allow the Department to negotiate supplemental rebate agreements involving value-based purchasing arrangements for covered drugs with drug manufacturers. Rebates paid pursuant to such agreements shall be in addition to rebates available pursuant the National Drug Rebate Agreement.