Navigation Links
Kentucky Pharmacists Event Urging Senate Minority Leader McConnell to Fix Flawed Medicaid Drug Reimbursement Rule

FRANKFORT, Ky., Dec. 3 /PRNewswire-USNewswire/ -- Kentucky pharmacist press conference to discuss new Medicaid generic prescription drug reimbursement rule and the need for Sen. Mitch McConnell (R-Ky.) to use his power to make sure the legislative fix is considered before Congress adjourns for the year. The rule, scheduled to be fully implemented in early 2008, will grossly underpay pharmacists and puts patient access at risk.


Brad Hall, Executive Director of the Kentucky Pharmacists Association

Mac Bray, RPh, Owner of Capital Pharmacy and Medical Equipment in Frankfort

Larry Hadley, RPh, Co-Owner of Wayne's Pharmacy in Frankfort


December 6, 2007, at 10:00 a.m.


Capital Pharmacy and Medical Equipment

662 East Main Street

Frankfort, KY



The Centers for Medicare and Medicaid Services published the Medicaid reimbursement rule on July 17, and the implementation process will be completed in early 2008. At that time, community pharmacies will be faced with a burden that could not only cause difficulty in participating in the Medicaid program, but sustainability in the business community. These challenges will be due to low reimbursement rates based on an inaccurate Average Manufacturer Price (AMP) formula. According to a Government Accountability Office report, on average, pharmacies will be paid 36 percent below their acquisition costs for the generic prescriptions of Medicaid patients.

Sen. McConnell can help move the legislative fix S.1951, the Fair Medicaid Drug Payment Act of 2007, through the Senate before it is too late. The bill contains measures that achieve fairness with the reimbursement system and preserving patient access to prescription drugs by:

-- Removing discounted mail order and pharmacy benefit manager

prices that are unavailable to community pharmacies and unfairly

lower than the overall AMP formula

-- Requiring Medicaid payment be calculated using the weighted average

of the Medicaid generic drugs based on their actual utilization

-- Restoring the practice of using three available generic products

for the calculation; increases the maximum allowable reimbursement

from 250 percent of the AMP to 300 percent

-- Encouraging more inexpensive generic drug usage by requiring prior

authorization of brand name drugs.


For more information contact Chip Riddleberger at 410-725-6024 or

SOURCE National Community Pharmacists Association
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Anthem Blue Cross and Blue Shield in Kentucky Announces the Availability of New Health Plans for Medicare Beneficiaries
2. Nurses From Across Nation Join Solidarity Caravan in Support of Striking Kentucky RNs
3. Anthem Blue Cross and Blue Shield in Kentucky Announces Release of State Health Index
4. Medco Unveils Three New Medicare Prescription Drug Plan Options for 2008 to Provide Seniors More Choice, Better Value and Specialist Pharmacists
5. CVS Caremark Celebrates American Pharmacists Month by Thanking Its 20,000 Pharmacists
6. Maryland Pharmacists Urge House Majority Leader Hoyer to Put Patients First
7. Lisa Camooso Miller Joins National Community Pharmacists as Vice President of Public Affairs
8. By 2012, Prescribing Pharmacists Could Influence $145 Billion in Drug Sales
9. CVS Pharmacists Serve a Vital Role in Helping Patients Manage Diabetes
10. Pharmacists Press Conference Urging Senate Majority Leader Harry Reid to Fix Flawed Medicaid Drug Reimbursement Rule
11. The American Pharmacists Association Supports Consumer Education About OTC Medications
Post Your Comments:
(Date:12/1/2015)... Wilmington, Delaware (PRWEB) , ... December 01, 2015 ... ... award winner at the 7th Annual 2015 Golden Bridge Business Awards under the ... is a zero capex web based sample management software that ...
(Date:12/1/2015)... ... 01, 2015 , ... The importance of volumetric breast density ... of numerous abstracts accepted for presentation here, at the 101st Annual Radiology Society ... the use of Volpara Solutions’ quantitative breast imaging software tools for providing breast ...
(Date:12/1/2015)... CA (PRWEB) , ... December 01, 2015 , ... ... Health Center of Excellence (BHCOE) today announced that the organization has awarded Education ... San Francisco, with a Distinguished Award. The award celebrates exceptional special needs providers ...
(Date:12/1/2015)... ... December 01, 2015 , ... TCS ... care management and population health arenas, is pleased to announce that VIP Care ... services, has successfully implemented the ACUITY Complete Care™ Management to back their collaborative ...
(Date:12/1/2015)... ... December 01, 2015 , ... With FCPX Overlay: Grit , users can ... customization, the possibilities are truly endless, all with a click of a mouse. Each ... flip, horizontal flip, depth of field and more, all within Final Cut Pro X. ...
Breaking Medicine News(10 mins):
(Date:12/1/2015)... , December 1, 2015 ... market research report "Nucleic Acid Labeling Market by Product ... Translation, Random Primer, In Vitro Transcription, Reverse Transcription, End ... by MarketsandMarkets, The global market is expected to reach ... in 2015, growing at a CAGR of 8.65%. ...
(Date:12/1/2015)... 01, 2015 ... "Veterinary Equipment and Disposables Market by product, by ... to their offering. --> ) ... Equipment and Disposables Market by product, by Animal ... their offering. --> Research and Markets ...
(Date:12/1/2015)... 1, 2015  Today, AmerisourceBergen, a ... CareFront, a first-of-its-kind population health management program focused ... Designed to be built into existing employer benefit ... resources for their care and explains how to ... tools to help patients understand their treatment options ...
Breaking Medicine Technology: