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§ 96065. Wholesale Acquisition Cost Increase Notification.

22 CA ADC § 96065Barclays Official California Code of RegulationsEffective: April 1, 2024

Barclays California Code of Regulations
Title 22. Social Security
Division 7. Health Planning and Facility Construction (Refs & Annos)
Chapter 9.5. Prescription Drug Pricing for Purchasers
Article 2. Prescription Drug Cost Increase Notification and Report Requirements
Effective: April 1, 2024
22 CCR § 96065
§ 96065. Wholesale Acquisition Cost Increase Notification.
(a) This section shall apply to each manufacturer of a drug product with a wholesale acquisition cost of more than forty dollars ($40) for a course of therapy as defined in subdivision (a) Health and Safety Code Section 127677.
(b) When a manufacturer proposes a wholesale acquisition cost increase that will result in a total wholesale acquisition cost increase of more than 16% above the wholesale acquisition cost of the drug product on December 31 of the calendar year three years prior to the current calendar year, the manufacturer shall provide each registered purchaser with advance notice as required by subdivisions (b) and (c) of Health and Safety Code Section 127677.
(c) Total wholesale acquisition cost increase includes the current proposed wholesale acquisition cost increase and the sum of the wholesale acquisition cost increases that occurred in the current calendar year to date and the two previous calendar years.

Credits

Note: Authority cited: Section 127685, Health and Safety Code. Reference: Section 127677, Health and Safety Code.
History
1. New article 2 (sections 96065-96071) and section filed 11-29-2018; operative 1-1-2019 (Register 2018, No. 48).
2. Amendment of subsection (b) filed 12-21-2023; operative 4-1-2024 (Register 2023, No. 51).
This database is current through 4/5/24 Register 2024, No. 14.
Cal. Admin. Code tit. 22, § 96065, 22 CA ADC § 96065
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