The Academy of Managed Care Pharmacy (AMCP) thanks the Office of Management and Budget (OMB) for the opportunity to provide comments in response to the proposed rule titled Regulation for Federal Financial Assistance.
AMCP Provides Response to Request for Information on Value Based Contracting from Diabetes Caucus Co-Chairs Diana DeGette (D-CO) and Tom Reed (R-NY)
The Academy of Managed Care Pharmacy (AMCP) appreciates the opportunity to provide information on the application of value-based contracts (VBCs) for insulin pricing initiatives. The shift in payment models is expanding beyond the delivery of health care services to encompass models of compensation between payers and biopharmaceutical manufacturers. VBCs have emerged as a mechanism that payers may use to better align their contracting structures with broader changes in the health care system. Our comments are applicable to all VBCs in general, not to a specific product. Where relevant we make note of application for diabetes.
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