Navigation Links
NACDS Praises House Legislation to Delay Medicaid Cuts, Aid Pharmacies in Treating Patients
Date:6/25/2008

House expected to vote on bill this evening.

Alexandria, Va. (PRWEB) June 24, 2008 -– Today, the National Association of Chain Drug Stores (NACDS), endorsed a House bill, H.R.6331, the Medicare Improvements for Patients and


Providers Act of 2008, which contains several provisions of critical importance to chain pharmacies and the patients they serve.

In a letter to House Ways and Means Committee Chairman Charlie Rangel (D-NY) and House Energy and Commerce Committee Chairman John Dingell (D-MI), NACDS President and CEO Steve Anderson acknowledged them for their commitment to pharmacy issues.

“We thank you for your leadership on these issues and pledge to work with you to see that this bill is enacted into law this year. By delaying billions in Medicaid payment cuts to retail pharmacies – the so-called AMP cuts – your bill will prevent pharmacies from facing the untenable situation of having to accept below cost payments when serving low income patients,” the letter stated.

“If allowed to go forward, these AMP cuts could result in the closure of 11,000 pharmacies, the loss of 300,000 jobs and a reduction of $31 billion in economic activity nationwide. This provision alone makes H.R. 6331 worthy of the House’s support.”

In the letter, NACDS also commended bill language to institute a program of electronic prescribing in Medicare, to help improve efficiencies and reduce medical errors in our nation’s health care system; and a prompt pay provision in the bill is also supported by NACDS to ensure that pharmacies in the Medicare Part D program are reimbursed in a timely fashion.

Additionally, NACDS applauded the decision to include language in the bill to provide a delay in the implementation of the competitive bidding program for durable medical equipment (DME).

“This delay will provide the time necessary to ensure that Medicare beneficiaries fully understand the program and that there are a sufficient number of suppliers to ensure that access to durable medical equipment such as diabetes supplies is not disrupted,” the letter noted.

“As we expect the bill to come before the House tonight for a vote, we encourage passage of this legislation to help ensure that our nation’s retail pharmacies can continue serving
millions of Americans every day.”

The National Association of Chain Drug Stores (NACDS) represents traditional drug stores, supermarkets and mass merchandisers with pharmacies. Its approximately 200 chain member companies include regional chains with a minimum of four stores to national companies. NACDS members also include approximately 1,000 suppliers of pharmacy and front-end products, and approximately 100 international members representing more than 30 countries. Chains operate more than 39,000 pharmacies, and employ a total of more than 2.7 million employees, including 118,000 pharmacists. They fill nearly 2.5 billion prescriptions yearly, and have annual sales of over $750 billion. For more information about NACDS, visit www.NACDS.org.

###


'/>"/>
Source:PRWeb  

Related medicine news :

1. AHIP Praises Bipartisan Senate Vote on Mental Health Parity
2. Union President Praises Hillary Clintons Health Plan
3. AIDS Action Council Praises Release of Latest State of AIDS in Black America Report
4. Lung Cancer Alliance Praises Congressional Call for Increased Commitment to Fund Lung Cancer Research
5. Bishops Conference Praises Senate Introduction of Pregnant Women Support Act
6. American Life League Praises Colorado Efforts to Stop Planned Parenthood Abortion Facility
7. Alliance for Quality Nursing Home Care Praises CMS Release of Updated Special Focus Facilities (SFF) List
8. Blunt Praises Presidents Plan to Save Medicare
9. FRC Action Praises John McCains Pro-Life Comments
10. Consumer Watchdog Praises CA HMO Regulators Promise to Reinstate Health Coverage for Wrongfully Cancelled Patients; Cautions That All Health Costs During Gap Must be Covered
11. USCCB Official Praises Senate Passage of Genetic Information Nondiscrimination Act
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
NACDS Praises House Legislation to Delay Medicaid Cuts, Aid Pharmacies in Treating Patients
(Date:8/21/2017)... CA (PRWEB) , ... August 21, 2017 , ... The ... how exactly are we supposed to get things done in a healthy way these ... And, they’re launching a crowdfunding campaign on August 28 to introduce Deskcise Pro™– the ...
(Date:8/21/2017)... (PRWEB) , ... August 21, 2017 , ... ... services business of UnitedHealth Group (NYSE: UNH), has made a multi-million dollar partnership ... affected by post-traumatic stress disorder (PTSD) and traumatic brain injuries (TBI) over the ...
(Date:8/20/2017)... ... August 20, 2017 , ... State Farm Neighborhood Assist® has ... causes up for a $25,000 grant. If the initiative wins, Gals Lead – Dream ... expand into the Tri-County area of St. Mary’s, Calvert and Charles Counties. The program ...
(Date:8/19/2017)... (PRWEB) , ... August 18, 2017 , ... ... partnership aimed at creating a transparent, verifiable database to help the cannabis industry ... ledger technology, Paragon hopes to deliver a faster technology with lower fees. Paragon ...
(Date:8/19/2017)... ... August 19, 2017 , ... Praeclarus Press ... mothers. These illustrations show the diversity of the breastfeeding mothers, using bright ... range of sizes. These illustrations are also available on tote bags, notepads, smartphone ...
Breaking Medicine News(10 mins):
(Date:8/7/2017)... Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global ... Directors has approved the payment of a quarterly cash dividend ... The cash dividend of $0.24 per ... to stockholders of record as of the close of business ... to approval of the Board of Directors and may be ...
(Date:8/7/2017)... (NYSE: DPLO), the nation,s largest independent specialty pharmacy, announced financial ... unless otherwise noted, are to the quarter ended June 30, ... 2017 Highlights include: Revenue of $1,126 ... Total prescriptions dispensed of 220,000, compared to 241,000 ... Gross profit per prescription dispensed of $371, ...
(Date:8/4/2017)... The search for test results that can ... has long been the goal of healthcare providers and ... the largest meeting of lab professionals and IVD firms ... firm Kalorama Information.  The firm said scores of companies ... supplies and software were at the American Association for ...
Breaking Medicine Technology: