- (1) For new prescription drugs introduced on or after March 15, 2019, with a price for a one-month supply that exceeds the threshold established by the Centers for Medicare and Medicaid Services for specialty drugs in the Medicare Part D program, the manufacturer must report to the department the information described in OAR 836-200-0531.
- (2) For new prescription drugs introduced on or after January 1, 2025, the threshold is $950, which is the dollar amount specified for minimum Medicare Part D specialty tier eligibility in the 2024 Final Call Letter from the Centers for Medicare and Medicaid Services.
- (3) For new prescription drugs introduced prior to January 1, 2025, the threshold is $670, which is the dollar amount specified for minimum Medicare Part D specialty tier eligibility in the 2018 Final Call Letter from the Centers for Medicare and Medicaid Services.
- (4) The date of introduction is the FDA start marketing date or the date the product is first available for purchase in the United States, whichever is later.
Statutory/Other Authority
ORS 646A.689
Statutes/Other Implemented
ORS 646A.689
History
ID 2-2025, amend filed 03/26/2025, effective 04/01/2025
ID 2-2019, adopt filed 02/26/2019, effective 03/01/2019