This training delivers an in-depth guide to the Global Benchmark for Efficient Drug Pricing (GLOBE) Model, a mandatory Medicare payment initiative. Learn how international price benchmarking transforms inflation rebate calculations for selected Medicare Part B drugs, lowers costs, and preserves care quality. Equip yourself with critical compliance steps, reporting protocols, manufacturer obligations, enforcement details, coinsurance adjustments, and beneficiary protections—all essential for pharmaceutical manufacturers, providers, legal, and compliance professionals impacted by CMS’s new rule.
In this course you will learn the following:
* Understand the background and rationale for the GLOBE Model.
* Identify key compliance requirements for manufacturers, providers, and CMS.
* Learn actionable steps for implementation and reporting.
* Recognize the consequences of non-compliance, including penalties.
* Analyze the impact on Medicare, Medicaid, and other stakeholders.
* Prepare for quality monitoring, beneficiary protections, and reporting obligations.
