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BRIEF-HHS Says Have Finalized A Regulation That Encourages Lower List Prices And Reduced Out-Of-Pocket Spending On Prescription Drugs

Nov 20 (Reuters) - HHS:

* HAVE FINALIZED A REGULATION THAT ENCOURAGES LOWER LIST PRICES AND REDUCED OUT-OF-POCKET SPENDING ON PRESCRIPTION DRUGS

* FINAL RULE EXCLUDES REDUCTIONS IN PRICE OFFERED BY DRUG MANUFACTURERS TO PBMS AND PART D PLANS FROM THE SAFE HARBOR’S DEFINITION OF “DISCOUNT”

* FINAL RULE CREATES A NEW SAFE HARBOR DESIGNED SPECIFICALLY FOR PRICE REDUCTIONS ON PHARMACEUTICAL PRODUCTS Source text : (bit.ly/2IPYdh7)

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