Budget Amendment ID: FY2017-S4-562

EHS 562

Cost Trends Accuracy

Messrs. deMacedo, O'Connor, Fattman, Ross, Humason and Moore moved that the proposed new text be amended by adding at the end thereof the following new section: -

“SECTION XX. Section 16 of Chapter 12C of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by inserting after the words “durable medical equipment” in line 15 the following:-

, provided, that any detailed cost growth trend in the pharmaceutical sector shall consider the effect of drug rebates and other price concessions in the aggregate without disclosure of any product or manufacturer-specific rebate or price concession information, and without limiting or otherwise affecting the confidential or proprietary nature of any rebate or price concession agreements.”.