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PPACT: Page 1972, Patient Protection and Affordable Care Act of 2009

1972
HR 3590 EAS/PP
by the Secretary, but in no event later than Sep-
1
tember 30 of such calendar year.
2
(b) D
ETERMINATION OF
F
EE
A
MOUNT
.--
3
(1) I
N GENERAL
.--With respect to each covered
4
entity, the fee under this section for any calendar
5
year shall be equal to an amount that bears the same
6
ratio to $2,300,000,000 as--
7
(A) the covered entity's branded prescrip-
8
tion drug sales taken into account during the
9
preceding calendar year, bear to
10
(B) the aggregate branded prescription drug
11
sales of all covered entities taken into account
12
during such preceding calendar year.
13
(2) S
ALES TAKEN INTO ACCOUNT
.--For purposes
14
of paragraph (1), the branded prescription drug sales
15
taken into account during any calendar year with re-
16
spect to any covered entity shall be determined in ac-
17
cordance with the following table:
18
With respect to a covered entity's aggregate branded pre-
scription drug sales during the calendar year that are:
The percentage of such
sales taken into ac-
count is:
Not more than $5,000,000 ..........................................
0 percent
More than $5,000,000 but not more than
$125,000,000.
10 percent
More than $125,000,000 but not more than
$225,000,000.
40 percent
More than $225,000,000 but not more than
$400,000,000.
75 percent
More than $400,000,000 .............................................
100 percent.

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Top tags: calendar, year, covered, percent, sales, account, branded, drug, aggregate, entity

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