Navigation Links
PCMA: CMS Analysis Shows Mail-Service Pharmacies More Affordable Than Drugstores
Date:12/3/2013

WASHINGTON, Dec. 3, 2013 /PRNewswire-USNewswire/ -- A new Centers for Medicare & Medicaid Services (CMS) analysis comparing mail-service pharmacies and retail pharmacies in Medicare Part D ("Part D Claims Analysis: Negotiated Pricing Between General Mail Order and Retail Pharmacies"), finds that mail-service pharmacies have lower overall costs, the Pharmaceutical Care Management Association (PCMA) said today.

In its analysis, CMS identified 57 plan sponsors offering prescription drug plans (PDPs) with mail-order benefits and examined claims data for the top 25 brand and top 25 generic drugs dispensed at both mail order and retail pharmacies.  

"CMS' data confirms what consumers have known for years: mail-service pharmacies offer a better deal than drugstores in Medicare Part D.  This is unwelcome news for drugstore lobbyists who want new regulations on their more affordable competitors," said PCMA President and CEO Mark Merritt.

Key points from the analysis include:

  • Overall costs at mail-service pharmacies were 16% less than retail pharmacies ($1.26 per pill at mail vs. $1.50 at retail) across all drugs.
  • For generic drugs only, mail-service pharmacies were 13% less expensive than retail pharmacies ($0.21 per pill at mail vs. $0.24 at retail).

While it's clear in the data, the report summary fails to note the central point:  mail-service pharmacies typically charge much lower drug prices than drugstores.  This is reminiscent of an April CMS study ("Part D Claims Analysis: Negotiated Pricing Between Preferred and Non-Preferred Pharmacy Networks") that downplayed its conclusion that the vast majority of preferred drugstores charge lower drug prices than non-preferred drugstores.

PCMA represents the nation's pharmacy benefit managers (PBMs), which improve affordability and quality of care through the use of electronic prescribing (e-prescribing), generic alternatives, mail-service pharmacies, and other innovative tools for 216 million Americans.

Follow PCMA on Twitter


'/>"/>
SOURCE Pharmaceutical Care Management Association
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. PCMA: Eight Ways to Reduce Federal Health Spending and Improve Prescription Drug Benefits in Medicare and Medicaid
2. PCMA: New Analysis Shows Alabama Can Reduce Medicaid Pharmacy Waste by $513 Million
3. PCMA: Medicare Trustees Report Shows PBMs are Delivering Savings in Part D
4. PCMA: Drugstore Lobbys Bill Would Raise Prescription Drug Costs, Increase Wasteful Spending
5. PCMA: New Report Shows Drugstore Lobby Agenda Raises Rx Costs for Small Businesses, Government Programs
6. PCMA: New Report Shows Anti-PBM Laws Could Raise Health Care Costs for Oklahoma Businesses, Consumers, Government Programs
7. PCMA: The Drugstore Lobby (Again) Looks to Avoid Fraud and Abuse Detection
8. PCMA: 88 U.S. Representatives Urge USPS to Preserve Six Day Delivery of Mail-Service Pharmacy
9. PCMA: Part D Plans and PBMs Continue to Deliver Savings in Medicare
10. PCMA: New Study Finds Generic Medications Saved $1 Trillion Over the Last Decade
11. United States Regenerative Medicine Market Analysis to 2016 Featuring Baxter, Medtronic, Stryker & Zimmer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... 24, 2016  Consumers have taken a more ... placed more emphasis on patient outcomes. ... in the pharmaceutical industry have evolved beyond just ... companies are focusing on becoming more patient-oriented across ... and services that improve health. ...
(Date:6/24/2016)... June 24, 2016   Bay Area Lyme ... Dean Center for Tick Borne Illness , ... Rehabilitation, MIT Hacking Medicine, University of California, Berkeley, ... announced the five finalists of Lyme Innovation ... More than 100 scientists, clinicians, researchers, entrepreneurs, and ...
(Date:6/24/2016)... Va. , June 24, 2016 The ... set of recommendations that would allow biopharmaceutical ... (HCEI) with entities that make formulary and coverage decisions, ... the "value" of new medicines. The recommendations ... does not appear on the drug label, a prohibition ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, a holistic ... World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility is located. ... some of the world’s leading providers of cereal and other breakfast foods. Its residents ...
(Date:6/26/2016)... NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind and ... to be personalized through a fitness app. The fitness app plans to fix the two ... currently only offer a one size fits all type program , They don’t ...
(Date:6/25/2016)... ... ... Austin residents seeking Mohs surgery services, can now turn to Dr. Jessica Scruggs ... for medical and surgical dermatology. , Dr. Dorsey brings specialization to include Mohs surgery, ... Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn Goldstein, MD, ...
(Date:6/25/2016)... ... 2016 , ... First Choice Emergency Room , the largest network of ... Medical Director of its new Mesquite-Samuell Farm facility. , “We are pleased to ... said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. ...
(Date:6/25/2016)... ... 25, 2016 , ... On Friday, June 10, Van Mitchell, Secretary of the ... to iHire in recognition of their exemplary accomplishments in worksite health promotion. , The ... Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one ...
Breaking Medicine News(10 mins):