42 U.S.C. § 1395w–151 – Definitions; treatment of references to provisions in part C | Midpage
§ 1395w–151
42 U.S.C. § 1395w–151
Definitions; treatment of references to provisions in part C
(Aug. 14, 1935, ch. 531, title XVIII, § 1860D–41, as added Pub. L. 108–173, title I, § 101(a)(2), Dec. 8, 2003, 117 Stat. 2148; amended Pub. L. 117–169, title I, § 11201(e)(6), Aug. 16, 2022, 136 Stat. 1892.)
(3) Creditable prescription drug coverage The term “creditable prescription drug coverage” has the meaning given such term in section 1395w–113(b)(4) of this title.
(5) Fallback prescription drug plan The term “fallback prescription drug plan” has the meaning given such term in section 1395w–111(g)(4) of this title.
(6) Initial coverage limit The term “initial coverage limit” means such limit as established under section 1395w–102(b)(3) of this title for a year before 2025, or, in the case of coverage that is not standard prescription drug coverage, the comparable limit (if any) established under the coverage for such year.
(7) Insurance risk The term “insurance risk” means, with respect to a participating pharmacy, risk of the type commonly assumed only by insurers licensed by a State and does not include payment variations designed to reflect performance-based measures of activities within the control of the pharmacy, such as formulary compliance and generic drug substitution.
(10) Medicare Prescription Drug Account The term “Medicare Prescription Drug Account” means the Account created under section 1395w–116(a) of this title.
(13) PDP sponsor The term “PDP sponsor” means a nongovernmental entity that is certified under this part as meeting the requirements and standards of this part for such a sponsor.
(14) Prescription drug plan The term “prescription drug plan” means prescription drug coverage that is offered—
(16) Standard prescription drug coverage The term “standard prescription drug coverage” is defined in section 1395w–102(b) of this title.
(17) State Pharmaceutical Assistance Program The term “State Pharmaceutical Assistance Program” has the meaning given such term in section 1395w–133(b) of this title.
(b) Application of part C provisions under this part For purposes of applying provisions of part C under this part with respect to a prescription drug plan and a PDP sponsor, unless otherwise provided in this part such provisions shall be applied as if—
(1) any reference to an MA plan included a reference to a prescription drug plan;
(2) any reference to an MA organization or a provider-sponsored organization included a reference to a PDP sponsor;