42 CFR 50.503
§ 50.503 Policy.
United States · 42 CFR — Public Health · Status: effective
Cite this
- Citation
- 42 CFR 50.503, § 50.503 Policy, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/200795
- Permanent ID
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Full text
It is the policy of the Secretary that program funds which are utilized for the acquisition of drugs be expended in the most economical manner feasible. In furtherance of this policy, the Secretary has established, in 45 CFR part 19, a procedure for determining the Maximum Allowable Cost for drugs which are purchased with program funds.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.