Navigation Links
PCMA: Focus on Patients, Not Profits, in Medicaid Pharmacy
Date:2/8/2011

WASHINGTON, Feb. 8, 2011 /PRNewswire-USNewswire/ -- Health and Human Services (HHS) Secretary Kathleen Sebelius should continue encouraging state Medicaid programs to explore more affordable pharmacy solutions despite opposition from the independent drugstore lobby, the Pharmaceutical Care Management Association (PCMA) said today.

"Medicaid can no longer afford to spend more on pharmacy benefits than Medicare and commercial payers.  States should have the flexibility to use the tools other programs use to reduce costs," said PCMA President and CEO Mark Merritt.  "State Medicaid programs can no longer afford to pay pharmacies double or triple what other programs pay."

Most state Medicaid programs use an old-school fee-for-service approach in which state officials arbitrarily decide how much Medicaid will pay pharmacies. This approach exposes state governments to political pressure from the independent drugstore lobby to set artificially high payment levels. Most non-Medicaid drug benefits programs – like those offered by Medicare, employers and unions – have rejected that approach and instead use independent, third party pharmacy benefit experts to negotiate with pharmacies. These programs also use cutting-edge, market-proven strategies to increase the use of generics.

According to a recent study, governors can cut billions in Medicaid – without cutting benefits to patients or payments to doctors and hospitals – by simply managing pharmacy benefits more like other, more successful programs.  Recent polling finds voters prefer this option to cutting benefits for patients or payments to doctors and hospitals.

Research also shows consumers have broad access to pharmacy choices in urban, suburban, and rural areas, as an average of 21 pharmacies are located and compete near independent pharmacies throughout the United States.

The independent drugstore lobby's own economic report found that 400 new stores opened last year amidst a very profitable year for the industry.

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 200-plus million Americans.


'/>"/>
SOURCE Pharmaceutical Care Management Association
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. PCMA: Ohios Medicaid Program Could Save $135 Million
2. PCMA: Independent Drugstore Lobby Continues Disclosure Double Standard Transparency Campaign
3. Nfocus Neuromedical Announces FDA 510(k) Clearance for Next Generation Device to Treat Vascular Lesions
4. Samplifys AutoFocus™ Beamforming Technology Awarded Electronic Designs Best of 2010
5. Graymark Healthcare to Focus on Treatment of Sleep Disorders with Completed Sale of Independent Pharmacy Business Assets to Walgreens
6. PhotoMedex Launches New Patient-Focused XTRAC Laser Website
7. VIDEO from International Osteoporosis Foundation available on thenewsmarket.com: IOF Focuses on WHO Fracture Risk Assessment Tool for International Discussions
8. MedImmune Focused on Revolutionizing Cancer Care
9. Eli Lilly and Company to Open a Diabetes-Focused Research Center in China
10. CTIA-The Wireless Association® November Edition of Wonder of Wireless and Blog to Focus on mHealth
11. Draeger Announces Sponsorship of Educational Initiatives Focusing on Wireless Advances for Healthcare
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
(Date:6/23/2016)... 2016 Research and Markets has announced ... report to their offering. ... a favourable commercial environment for MedImmune to enter. The US ... will serve to drive considerable growth for effective anti-influenza medications. ... cap sales considerably, but development is still in its infancy. ...
(Date:6/23/2016)... 23, 2016 , , , ... 7, 2016 , , , , LOCATION: , , , ... , , , EXPERT PANELISTS:  , , , Frost & Sullivan,s ... Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and Unmesh Lal, Program ... global pharmaceutical industry is witnessing an exceptional era. Several new demand ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... ... Bruton Memorial Library on June 21 due to a possible lice infestation, as reported by ... lice: the parasite’s ability to live away from a human host, and to infest common ... the event that lice have simply gotten out of control. , As lice are a ...
(Date:6/25/2016)... ... ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department of ... recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at Work ... Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 businesses ...
(Date:6/24/2016)... ... June 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was ... his family verbally and physically. , “When something upset him, he couldn’t control his emotions,” ... He would throw rocks at my other children and say he was going to kill ...
(Date:6/24/2016)... ... June 24, 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, ... minimum wage raise to $12 an hour by 2020 and then adjusting it yearly to ... value of the minimum wage, assure the wage floor does not erode again, and make ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... the Frederick area economy by obtaining investment capital for emerging technology companies. ... years that have already resulted in more than a million dollars of capital ...
Breaking Medicine News(10 mins):