OIG recommends price adjustment for four drugs

August 6, 2007

The Office of the Inspector General (OIG) found that the average sale price based on data reported to Medicare for 39 medications exceeded the average manufacturer price by at least 5%.

In the third of a series of studies, the Office of the Inspector General (OIG) found that the average sale price based on data reported to Medicare for 39 medications exceeded the average manufacturer price by at least 5% in the third quarter of 2006. Four of the drugs have exceeded AMPs by at least 5% in each of the three reports. As a result, OIG is recommending that CMS institute a price adjustment for the four medications, which were not specified. OIG estimates that adjusting the 39 medications would save the Medicare program $13 million.

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