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Current as of January 01, 2024 | Updated by Findlaw Staff
(A) The health care--federal fund is hereby created in the state treasury. All of the following shall be credited to the fund:
(1) Funds that division (B) of section 5168.11 of the Revised Code requires be credited to the fund;
(2) The federal share of all rebates paid by drug manufacturers to the department of medicaid in accordance with a rebate agreement required by the “Social Security Act,” section 1927, 42 U.S.C. 1396r-8;
(3) The federal share of all supplemental rebates paid by drug manufacturers to the department of medicaid in accordance with the supplemental drug rebate program established under section 5164.755 of the Revised Code;
(4) Except as otherwise provided by statute or as authorized by the controlling board, the federal share of all other medicaid-related revenues, collections, and recoveries.
(B) All money credited to the health care--federal fund pursuant to division (B) of section 5168.11 of the Revised Code shall be used solely for distributing funds to hospitals under section 5168.09 of the Revised Code. The department of medicaid shall use all other money credited to the fund to pay for other medicaid services and contracts.
Cite this article: FindLaw.com - Ohio Revised Code Title LI. Public Welfare § 5162.50 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-li-public-welfare/oh-rev-code-sect-5162-50/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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