Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 549.0002 - [Effective 4/1/2025] Value-Based Arrangement In Medicaid Vendor Drug Program(a) In this section, "manufacturer" has the meaning assigned by Section 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. (Gov. Code, Sec. 531.0701.)Tex. Gov't. Code § 549.0002
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 769,Sec. 1.01, eff. 4/1/2025.