Medicare model guidelines (MMG) version 9.0 - the united states pharmacopeia (USP) is an independent, science-based public health organization

Ended Cooperative Agreement Awarded Last action

Award ID
1C0CMS331883
Recipient
Awarding agency
Obligated
$200,000

Award facts

Completion date
Place of performance
Maryland, USA

Award details come from USAspending.gov.

Description

USP's contributions to public health are enriched by the participation and oversight of expert volunteers representing pharmacy, medicine, and other healthcare professions as well as academia, government, the pharmaceutical industry, health plans, and consumer organizations. In december 2003, the medicare prescription drug improvement and modernization act of 2003 (MMA) was signed into law. Under MMA, part D plans are required to cover prescription drugs within each therapeutic category and class of covered part D drugs. Per the MMA, USP is tasked to develop, in consultation with pharmaceutical benefit managers and other interested parties, a list of categories and classes that may be used by prescription drug plans and to revise such classification from time to time to reflect changes in therapeutic uses of covered part D drugs and the additions of new covered part D drugs. The methodology for the USP medicare model guidelines remains focused on two objectives: 1. Conducting a clinically based review and incorporation of part D drugs (as defined in 42 CFR 423.1001) 2. Updating the USP categories and classes as necessary to accommodate changes in therapeutic uses and the additions of new part D drugs, as specified in 1860D-4(B)(3)(C)(II) of the social security act the USP categories and classes are developed utilizing contemporary scientific information and expert evaluation and aim to strike a balance of assuring part D beneficiary access to safe and effective drugs that they need with the flexibility that plans need to offer an affordable and effective benefit. This balance creates the taxonomy of the USP medicare model guidelines, which are distinctly different in philosophy and structure than other taxonomy systems classifying drugs solely based upon either pharmacology or therapeutics.

Transactions

Action Obligated Date
Amendment $0
Amendment $100,000
Original award $100,000

Quick answers

Who received award 1C0CMS331883?

1C0CMS331883 was awarded to The United States Pharmacopeial Convention, Inc. by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on September 30, 2022.

How much is award 1C0CMS331883 worth?

$200,000 has been obligated on 1C0CMS331883.

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