LARC (Long-Acting Reversible Contraception)
Definition
Long-Acting Reversible Contraception (LARC) includes contraceptive devices such as intrauterine devices (IUDs) and subdermal implants that provide effective pregnancy prevention for extended periods without requiring daily user action. LARC methods are among the most effective contraceptive options available.
In the 340B context, LARC products are relevant primarily for Title X family planning clinics and FQHCs that provide reproductive health services. LARC devices that qualify as covered outpatient drugs under the Medicaid Drug Rebate Program may be eligible for 340B pricing, potentially generating significant savings given the high per-unit cost of these devices.
Accessing 340B pricing for LARC products may involve specific considerations around how these devices are classified (drug vs. device), whether they are covered outpatient drugs, and how they are billed to payers.
Frequently Asked Questions
Why LARC (Long-Acting Reversible Contraception) Matters
LARC products can be high-cost items at Title X and FQHC covered entities. Understanding whether and how they qualify for 340B pricing can represent meaningful savings opportunities.
How Virtue 340B Uses It
Virtue 340B helps Title X and FQHC clients evaluate LARC product eligibility for 340B pricing as part of our program optimization services.