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As part of this change, the Coverage Gap Discount Program (CGDP), a program that has existed since 2011, will sunset on December 31, 2024, and be replaced by the Medicare Part D Manufacturer Discount Program (the “Discount Program”). CMS will send the final manufacturer invoice for discount liabilities accrued by then on April 30, 2028.
The exception to this is for textile, wool, and fur products as processing or manufacturing occurring in the U.S. billion by 2029, at a Compound Annual Growth Rate (CAGR) of 5.52% in forecast period, 2022-2029 ; The global poultry market is expected to grow at a CAGR of 7.2% must be disclosed. billion to $604.34 to nearly $465.7
The number will begin in 2026 with 10 drug covered under Medicare Part D and will increase annually to 20 Part B and 20 Part D drugs by 2029 and thereafter, with the selected drugs accumulating from year to year. Manufacturers receive no benefits in exchange for the inflation rebates.
The bill is sprawling, covering climate and energy topics as diverse as electric vehicles, building decarbonization, clean energy manufacturing and supply chains, agriculture, and greening the electricity system, all through a range of tax incentives and direct grants. The funding is set to remain available until September 30, 2029.
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