Texas Government Code 549.0002 – Value-Based Arrangement in Medicaid Vendor Drug Program
Current as of: 2024 | Check for updates
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(a) In this section, “manufacturer” has the meaning assigned by § 549.0101.
(b) Subject to Subchapter D, the commission may enter into a value-based arrangement for the Medicaid vendor drug program by written agreement with a manufacturer based on outcome data or other metrics to which this state and the manufacturer agree in writing. The value-based arrangement may include a rebate, a discount, a price reduction, a contribution, risk sharing, a reimbursement, payment deferral or installment payments, a guarantee, patient care, shared savings payments, withholds, a bonus, or any other thing of value.
Text of section effective on April 01, 2025
Terms Used In Texas Government Code 549.0002
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005