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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Text of D.C. Court of Appeals Opinion Upholding HHS Cuts to Medicare Drug Reimbursement Rates (PDF)
U.S. Court of Appeals for the District of Columbia Circuit Aug. 3, 2020 42 pages. "[HHS] reduced the reimbursement rate for covered drugs by 28.5% ... for 340B hospitals because they can obtain drugs far more cheaply than other hospitals.... Several hospitals and hospital associations challenge HHS's decision, claiming that it rests on an impermissible construction of the governing statute.... We hold that HHS's decision to lower drug reimbursement rates for 340B hospitals rests on a reasonable interpretation of the Medicare statute." [American Hospital Ass'n v. Azar, No. 19-5048 (D.C. Cir. Jul. 31, 2020)] |
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