Manufacturers have to offer a 23.1% discount, plus further discounts if prices rise faster than inflation. That's why some drugs have "penny pricing", basically Medicaid pays $0.01 for each unit of drug because of the mandatory discounts.
Manufacturers have to offer a 23.1% discount, plus further discounts if prices rise faster than inflation. That's why some drugs have "penny pricing", basically Medicaid pays $0.01 for each unit of drug because of the mandatory discounts.