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New 340B Claims Identification Code Is Cleared for Takeoff

NCPDP's advisory against usage expires on Oct. 15
 

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October 12, 2012—A voluntary embargo on the use of a new billing code to flag prescriptions filled with 340B discounted drugs ends early next week, clearing the way for the code’s wide-scale implementation.

Although the code, developed by the National Council for Prescription Drug Programs (NCPDP), has been available for over a year, NCPDP advised parties not to use it until Oct. 15.[ms-protect-content id=”2799″] It enables pharmacies to flag 340B claims at the point of sale or retroactively. Many pharmacy benefit managers (PBMs) are expected to require pharmacies in their networks to use the identifier.

NCPDP created the 340B code in response to PBMs’ concerns that they could not collect rebates from drug manufacturers. Manufacturers contractually agree to give PBMs rebates in exchange for the manufacturers’ drugs being placed on the PBMs’ formularies. Since most PBMs have been unable to differentiate 340B claims from others, some manufacturers have refused to pay rebates to avoid being subjected to both a 340B discount and a rebate on the same drug. NCPDP’s new 340B code will help PBMs identify 340B prescriptions and collect rebates on non-340B claims.

For point-of-sale identification, a pharmacy would place the value “20” in the Submission Clarification Code (420-DK) field in the Claim Segment of a Claim Billing (B1) transaction.  To retroactively identify a claim, a pharmacy would submit the same value in an Information Reporting (N1) transaction.  The retroactive identification process allows a pharmacy to flag a previously submitted claim as 340B without having to reverse and resubmit the claim.

Pharmacies with physical 340B inventories will likely use point-of-sale identification while those with virtual 340B inventories will probably use retroactive identification. They will be able to use the point-of-sale method only if 100 percent of the dispensed drug was purchased through the 340B program, however. For example, the point-of-sale method could not be used for a compound made of 340B and non-340B drugs.

In a reference guide, NCPDP clarified that it is not necessary for pharmacies to submit a drug’s 340B price when they use the 340B prescription identifier.  Also, NCPDP’s 340B Task Group is creating a template that pharmacies could use to retroactively identify 340B claims in batch format.[/ms-protect-content]

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340B Health is the leading advocate & resource for hospitals that serve their communities by participating in the 340B drug pricing program. #Protect340B

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340bhealth 340B Health @340bhealth ·
27 May

#Becauseof340B:
- Hospitals maintain program compliance through strict reporting requirements
- Pharma profits (NOT tax dollars) help fund health care services
- Patients with low incomes receive high-quality care and discounted medications

Learn more: http://www.becauseof340B.org.

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340bhealth 340B Health @340bhealth ·
27 May

The need to #Protect340B is more essential than ever as hospitals face #Medicaid cuts and other operational challenges.

Research shows #340B is an essential lifeline keeping afloat the nonprofit hospitals that provide most of the nation’s unpaid and unreimbursed care.

The…

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340bhealth 340B Health @340bhealth ·
24 May

#Becauseof340B, higher percentages of people experiencing poverty, high housing costs, and unemployment receive care at 340B hospitals than at non-340B hospitals. Cuts to #340B would affect health care access for our nation’s most at-risk populations. More:…

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