Code of Massachusetts Regulations
958 CMR - HEALTH POLICY COMMISSION
Title 958 CMR 12.00 - Drug Pricing Review
Section 12.09 - Determination of Unreasonable or Excessive Pricing
Current through Register 1531, September 27, 2024
(1) At least 30 days prior to any determination by the Commission that the Referred Manufacturer's pricing of the Drug is unreasonable or excessive, the Commission, through the Executive Director:
(2) The Referred Manufacturer must file such requested information, accompanied by the signed Attestation Form, within 30 days of receipt of the request described in 958 CMR 12.09(l)(c) or such other timeframe as may be agreed upon, in writing, between the Referred Manufacturer and the Commission, through the Executive Director.
(3) Not later than 60 days after receiving completed information from the Referred Manufacturer under 958 CMR 12.09(2), the Commission, by a vote of the Board, shall issue a determination on whether the Referred Manufacturer's pricing of a Drug is unreasonable or excessive in relation to the Commission's proposed value of the Drug and shall notify the Referred Manufacturer.
(4) Following a determination that the Referred Manufacturer's pricing of a Drug is unreasonable or excessive pursuant to 958 CMR 12.09(3), the Commission shall post a notice on its website stating the name of the Referred Manufacturer and the Drug reviewed, the Commission's proposed value for the Drug and that the Referred Manufacturer's pricing of a Drug is unreasonable or excessive in relation to the Commission's proposed value of the Drug.