Section 1927 requires drug
manufactures to enter into and have in effect a rebate agreement
with the Federal Government for States to receive funding for drugs
dispensed to Medicaid beneficiaries. The Deficit Reduction Act
(DRA) of 2005 modified section 1927 to require additional reporting
requirements beyond the quarterly data currently collected. CMS
form 367 identifies the data fields that manufacturers must submit
to CMS on both a monthly and quarterly basis.
Statute at
Large: 19
Stat. 1927 Name of Statute: null
Statute at Large: 19 Stat. 1927 Name of
Statute: null
As a result of statutory
changes, CMS is now required to collect monthly data as well as
additional quarterly data, increasing the total number of
collections per year from 4 to 16. In addition, there is a data
field currently being collected on a quarterly basis that will now
be collected on a monthly basis as well. Because of this statutory
change, there will be an increased burden on the
manufacturers.
$2,000,000
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Melissa Musotto
4107866962
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.