2024 (2025 FCPs) Public Law Pricing Updates for Covered Drugs

Please join us for an hour-long webinar on October 28 as Allison Pugsley from Hogan Lovells and Ted Karnezis with Karnezis Consulting provide an overview of what manufacturers should expect and prepare for during the 2025 Public Law Pricing Update process.

For manufacturers of covered drugs with a Federal Supply Schedule (FSS) contract in place with VA, the pricing update season is fast approaching. Calculation data is due back to VA by mid-November, and 2025 contract pricing needs to be established in advance of January 1, 2025.

Some of the topics that will be covered include:

• Explanation of the statutory calculation utilized to derive Federal Ceiling Prices (FCPs)
• Summary of VA’s published guidance regarding covered drug pricing updates, including VA’s Public Law timelines and the types of potential disputes a manufacturer may need to raise
• Analysis of pricing calculation data prior to submission to VA
• Recap of VA’s webinar on the 2024 reporting and 2025 Public Law Pricing Update process
• Procedure for modifying FSS contracts to incorporate 2025 covered drug pricing, including how to obtain price increases

To register, click here. For questions or assistance with registration, please contact Mady Whiting at MWhiting@thecgp.org.