Cost Review Study Process
About the Cost Review Study Process
The cost review study process includes five phases: Identify, Select, Collect, Analyze, Results. This process is outlined in COMAR 14.01.04
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Identify
The Board reviews data and public input to identify eligible drugs that may create affordability challenges.
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Select
The Board (in consultation with the Stakeholder Council) decides which drugs should be selected for a Cost Review study.
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Collect
The Board gathers data, research, and public perspectives on the drug’s price and impact. The Board may also collect data through a Request for Information. This is the process for the Board to collect additional information on the drugs selected.
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Analyze
The Board analyzes and evaluates the data that is collected. These data and analyses consolidated and summarized to be published in a dossier.
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Results
The Board reviews the Dossier and may make a preliminary determination of whether the prescription drug has led or will lead to affordability challenges to the State health care system or high out of pocket costs for patients. Depending on that determination a drug may enter into the Policy Review Process where the Board explores policy options to make the drug more affordable. These policies include a process to set an upper payment limit (UPL Policy), or explore other policies that may make the drug more affordable (non-UPL policies).