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:9/25/2017)... , Sept. 25, 2017  EpiVax, Inc., ... vaccine design, and immune-engineering today announced the launch ... the development of personalized therapeutic cancer vaccines. EpiVax ... provided exclusive access to enabling technologies to the ... MBA will lead EpiVax Oncology as Chief Executive ...
(Date:9/22/2017)... AVACEN Medical (AVACEN) announced that its CE-Marked ... those with the widespread pain associated with fibromyalgia in ... Essex, England commented, "I had ... no sleep at all, tremendous pain, with every movement ... [the AVACEN 100] enough, how this has and is ...
(Date:9/18/2017)... Mich. , Sept. 18, 2017  PMD Healthcare ... Specialty Pharmacy of Kalamazoo, Mich. , ... hub service that expedites and streamlines patient and provider ... PD 2.0, and wellness management services.  ... device used to measure lung function for a variety ...
Breaking Medicine Technology:
(Date:10/13/2017)... , ... October 13, 2017 , ... The American Board ... become its next President and Chief Executive Officer, succeeding Dr. James C. Puffer upon ... beginning July 1, 2018 until Dr. Puffer’s retirement at the end of 2018. Upon ...
(Date:10/13/2017)... ... , ... PurhealthRX , a leading Health and Nutrition Company, is announcing ... full spectrum CBD oil will revolutionize the rapidly growing CBD market by reducing the ... incorporated into liquid products, while reducing costs to end users. , The team of ...
(Date:10/13/2017)... ... 13, 2017 , ... Lori R. Somekh, founder of the Law Office ... of elder law and special needs planning attorneys. “Membership in ElderCounsel helps our office ... forum to network with elder law attorneys nationwide,” said Somekh. , ElderCounsel ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Many families ... However, many long-term care insurance companies have a waiver for care if the client ... elimination period, when the family pays for care, is often waived, so the benefits ...
(Date:10/13/2017)... ... ... Ellevate Network, the leading network for professional women, brought together some of ... their inaugural Summit in New York City in June. The event was livestreamed with ... 3 million. To watch the Mobilize Women video, click here . , ...
Breaking Medicine News(10 mins):