The newly-enacted Bipartisan Budget Act of 2018 includes numerous Medicare, Medicaid, and other policy and payment provisions impacting health providers and manufacturers. Of particular note, the new law: increases Medicaid rebate obligations with respect to line extension drugs; changes manufacturer discount obligations in the Medicare Part D "donut hole"; repeals the Independent Payment Advisory Board (IPAB); makes Stark Act revisions; and significantly increases penalties for violations of various anti-fraud statutes. A Reed Smith Client Alert focusing on the major Medicare, Medicaid, and public health provisions of the Act is available here (download attachment link shown).
This article is presented for informational purposes only and is not intended to constitute legal advice.
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