# Medicaid Program; Time Limitation on Price Recalculations and Recordkeeping Requirements Under the Drug Rebate Program; Correction
> **Centers for Medicare and Medicaid Services** · Final rule; correction. · Published 2003-09-26 · Effective 2003-08-29 · 68 FR 55527
## Document
- **Document number:** 03-24550
- **Category:** medicaid
- **Sub-agency:** Centers for Medicare and Medicaid Services
- **Federal Register citation:** 68 FR 55527
- **CFR reference:** 42 CFR 447
- **Publication date:** 2003-09-26
- **Effective date:** 2003-08-29
- **HHS docket:** CMS-2175-CN
## Abstract

This document corrects the effective date of a final rule with comment period published in the Federal Register on August 29, 2003 (68 FR 51912). That rule finalizes separately, in an accelerated timeframe, two specific provisions of the September 19, 1995 proposed rule. It establishes new recordkeeping requirements for drug manufacturers under the Medicaid drug rebate program. It also sets forth a 3-year time limitation during which manufacturers must report changes to average manufacturer price and best price for purposes of reporting data to us. In addition, it announces the pressing need for codification of fundamental recordkeeping requirements. It also announces our intention to continue to work on finalizing the complete drug rebate regulation for the Medicaid drug rebate program. This document corrects the effective date.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/09/26/03-24550/medicaid-program-time-limitation-on-price-recalculations-and-recordkeeping-requirements-under-the)
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