Article
CMS Finalizes The GLOBE Model: A Most-Favored-Nation Drug Payment Framework For Medicare Part B
The Centers for Medicare and Medicaid Services has published a final rule establishing the GLOBE Model, implementing most-favored-nation pricing for Medicare Part B drugs with dramatically expanded exemptions. Pharmaceutical companies face potential rebate obligations under this mandatory payment model, though the rule's narrowed scope and GENEROUS Model carve-out significantly limit its reach compared to the original proposal.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP