WASHINGTON, March 20, 2013 /PRNewswire-USNewswire/ -- Federal and state policymakers should avoid enacting laws that undermine payers' ability to use mail-service pharmacies, preferred pharmacy networks, and other innovative pharmacy benefit management (PBM) tools, the National Center for Policy Analysis (NCPA) asserts in a new report, "Unnecessary Regulations that Increase Prescription Drug Costs."
"This report shows policymakers that appeasing the drugstore lobby means higher prescription drug costs for small businesses, consumers, and government programs," said Pharmaceutical Care Management Association (PCMA) President and CEO Mark Merritt .
Click here to read the NCPA report which highlights a number of regulations and laws that could increase prescription drug costs, including:
Barriers to Competition: State Boards of Pharmacy Conflict of Interest
Background: The report highlights how some states are seeking to transfer regulatory authority of drug plans from the state's insurance commissioner to the state's Board of Pharmacy.
NCPA: "Because state pharmacy boards are controlled by pharmacists, giving them authority over drug plans creates conflicts of interest that could undermine drug plans' ability to negotiate lower prices with pharmacy networks."
Barriers to Lower Cost Mail-Service Pharmacies
Background: Employers and payers use a variety of incentives to encourage patients to use efficient mail-service pharmacies to address chronic illnesses, such as diabetes. Mail-service pharmacies will save Medicare seniors, employers, unions, government employee plans, consumers, and other commercial-sector payers $46.6 billion in prescription drug costs over the next ten years.
NCPA: "Unfortunately, some states are enacting laws that interfere with the ability
|SOURCE Pharmaceutical Care Management Association|
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