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  1. 4 sie 2022 · Most recently, on August 3, 2022, an Illinois federal jury levied a $61 million verdict against Eli Lilly and Co. for erroneous price reporting practices under the MDRP (discussed below). This follows a number of settlements in 2021 with the U.S. Department of Justice (DOJ) related to the MDRP.

  2. Any Government rebates and discounts that must be passed to the Government and which cannot be applied as an up-front price reduction must be submitted via check payable to the U.S. Treasury, with an attached itemized listing of all customer purchases by line item to include contract number, call number, purchase order number and contract line ...

  3. 26 sty 2012 · Rebates create incentives to engage in conduct desired by the entity that pays. Sometimes these incentives collide with antitrust rules. The key question is when. Competition authorities and courts at EU and national levels have grappled with this question in many cases.

  4. 11 sty 2024 · In the case of Inflation Reduction Act rebates, you will be reimbursed some of the money you spent on medications covered by Medicare Part B if their price rose faster than the rate of inflation. The rate of inflation is the rate of rise of the general price level of goods and services.

  5. Whether you’re looking to save on a purchase or receive a refund from the government, knowing how rebates work can help you make informed financial decisions. What are some examples of "rebate" in legal contracts? Sales Agreement: "The buyer is entitled to a rebate of 10% on the total purchase price upon submission of the required documentation."

  6. General Government Rebate and Discount figures should be listed per customer, per contract and per manufacturer. PURPOSE OR OBJECTIVE To determine, in an equitable manner, the extent of entitlement to a State Government Rebate

  7. 4 paź 2012 · Contrary to incremental discounts, retroactive rebates involve a price reduction on all units that a customer has purchased in the relevant time period, not only on those units that exceed the applicable quantity target.

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