The Providing Veterans Essential Medications Act aims to reimburse or supply costly medications to State homes for veterans receiving nursing home.
The Providing Veterans Essential Medications Act amends title 38, United States Code, to direct the Secretary of Veterans Affairs to reimburse or supply certain costly medications to State homes for veterans receiving nursing home care. A "costly medication" is defined as a drug or medicine where the average wholesale price for one month's supply, plus a 3 percent transaction fee, exceeds 8.5 percent of the payment made by the Secretary to a State home for care provided to the veteran receiving such medication during that month.
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