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:9/12/2017)... , Sept. 12, 2017   EcoVadis , the leading platform ... published the first annual edition of its Global CSR Risk and Performance ... evaluated by EcoVadis, based on Scorecard Ratings that analyzed nearly 800,000 data ... ... ...
(Date:9/12/2017)... , Sept. 12, 2017  ValGenesis Inc., the ... (VLMS), is pleased to announce the appointment of ... of its Board of Directors and Chairman of ... enables life science companies to manage their entire ... of paper in this process. Furthermore, ValGenesis VLMS ...
(Date:9/9/2017)... 2017 Dealmed Medical Supplies, New ... equipment, supplies, drugs, vaccines, and specialty medical products and ... agreement to acquire Vantage Medical Supplies, a major distributor ... Holtsville, New York . ... emerging medical practices, will operate under the Dealmed name ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... 2017 , ... “America On The Brink”: the Christian history of the United ... the creation of published author, William Nowers. Captain Nowers and his wife, Millie, ... spent thirty years in the Navy. Following his career as a naval aviator ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest ... its plans to open a flagship location in Covington, LA at 401 N. U.S. ... Go store next to Office Depot in the Holiday Square shopping center. Its location ...
(Date:10/12/2017)... ... ... The American College of Medical Informatics (ACMI) will present the 2017 Morris ... of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium is taking ... in the field of medical informatics, this prestigious award is presented to an individual ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... Mohebi Hair Restoration, has recently contributed a medical article to the newly revamped ... cosmetictown.com. Dr. Mohebi’s article spotlights the hair transplant procedure known as Follicular ...
(Date:10/12/2017)... , ... October 12, 2017 , ... On Saturday, October ... treadmill relay – Miles by Moonlight to raise money for the American Heart Association ... more. , Teams will work together to keep their treadmills moving for 5 ...
Breaking Medicine News(10 mins):