Navigation Links
Texas Health and Human Services Commission: Modernize Medicaid Pharmacy to Save State $82 Million
Date:3/7/2011

WASHINGTON, March 7, 2011 /PRNewswire-USNewswire/ -- To help reduce state Medicaid spending, the Texas Health and Human Services Commission (HHSC), the agency in charge of the state's Medicaid program, has proposed that the program's prescription drug benefits be operated more like those in the private sector that are more affordable and efficient.  According to the HHSC, this change would save state taxpayers $82 million.  Governors Chris Christie (R-NJ) and Andrew Cuomo (D-NY) have already proposed such changes to reduce prescription drug spending in their own states.

"Texas shouldn't pay more for Medicaid drug benefits than private insurers and Medicare," said Pharmaceutical Care Management Association (PCMA) President and CEO Mark Merritt. "Currently, the program uses fewer generic drugs and pays drugstores more than triple the fees that Medicare or private insurers pay.  By modernizing Medicaid drug benefits, Texas will save millions without cutting benefits to those in need."

The savings projection for Texas concurs with those reported in a recent study, which found that the state's Medicaid program could save $1.2 billion over the next decade by managing pharmacy benefits more like employer plans.  Recent polling finds voters would rather modernize Medicaid pharmacy than cut benefits for patients or payments to doctors and hospitals.

Many state Medicaid programs pay too much for prescription drugs because they use an archaic, fee-for-service approach in which state officials set payment rates and are therefore constantly lobbied to inflate them by special interests.  To avoid this trap, most non-Medicaid drug benefits programs – like those offered by Medicare, employers and unions – rely upon independent, third party pharmacy benefit experts to negotiate competitive rates with pharmacies. These programs also reduce costs by employing cutting-edge, market-proven strategies to increase the use of generics.

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.

Follow PCMA on Twitter


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

Related medicine technology :

1. Educational Efforts Reduce COPD Costs by $3.4 Million in East Texas Study
2. Coalition for Ethical Imaging Advocates Diagnostic Imaging Reform in the 82nd Texas Legislature
3. Breast Imaging Company, TechniScan, Signs Manufacturing Agreement With Texas Company
4. Baylor Hamilton Heart Hospital Implants First MRI-Safe Pacemaker in North Texas
5. San Antonios Texas Institute of Dermatology, Laser and Cosmetics Adds Alma Lasers Harmony XL Cosmetic Laser to Offer Advanced Rejuvenation Treatments to Patients
6. TechniScan Signs Agreement With Texas-Based Company to Co-Develop A New Version of Its Breast Imaging Device
7. Change in Medicare Wheelchair Policy May Prevent Texas Beneficiaries from Receiving Mobility Assistance Starting January
8. Texas-Based Healthcare Delivery System Expands Utilization of Streamline Health Document Workflow Solutions
9. SI-BONE Adds Texas Back Institute Founder to Its Medical Advisory Board
10. Texas-Based Hospital Expands Utilization of Streamline Health Document Workflow Solutions
11. Texas Childrens Hospital Hosts North American Investigators on Berlin Heart Trial
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/9/2017)... June 9, 2017 AirXpanders, Inc. (ASX: AXP) ... the design, manufacture, sale and distribution of the AeroForm® ... progress of its commercial roll-out in the ... more than one hundred (100) medical institutions and health ... offers a needle-free alternative for women who choose reconstructive ...
(Date:6/8/2017)... June 8, 2017  Less than a month ago, ... than 200,000 companies, including hospital networks, in over 150 ... one of the largest online extortion attempts ever recorded. ... market, it is imperative that providers understand where the ... from this — and many other very real cyber ...
(Date:6/8/2017)... 2017  StatLab Medical Products ("StatLab" or ... of diagnostic supplies for the anatomic pathology ... Company LP ("Cressey & Company"), a healthcare-focused ... investment in the Company. Cressey & Company ... selling shareholder, Prairie Capital, L.P., with certain ...
Breaking Medicine Technology:
(Date:6/22/2017)... ... ... A June 12 article in The Star offers the advice ... oral hygiene by an aged parent who had recently suffered a series of minor ... steps, including scheduling a dentist visit. Northridge Dental Works, a Los Angeles Area dental ...
(Date:6/20/2017)... ... June 20, 2017 , ... United Benefit Advisors (UBA), the ... Awards (pronounced you-bee) for 2017. The award honors Partner Firms, Principals, agency ... UBA, the clients they serve, and the benefits insurance industry as a whole. ...
(Date:6/20/2017)... ... , ... Fresenius Vascular Care, a national network of outpatient vascular care and ... wide range of vascular conditions, has today announced its new name, Azura Vascular Care, ... more than 40 local brands, a phased rollout of the new brand across all ...
(Date:6/20/2017)... ... June 20, 2017 , ... AMC Health , ... and success in the clinical trials market. Similar to its approach in demonstrating positive ... the clinical trials marketplace by proving the value of eVisits to support virtual studies. ...
(Date:6/20/2017)... ... 20, 2017 , ... As a leading dental practice, Wall Centre Dental supports ... disease. Those with bleeding gums in Vancouver, BC, may be developing gingivitis, the first ... heart disease, stroke and diabetes. Drs. Parviz Roshan, Siamak Tehrani and Milton Reskovich offer ...
Breaking Medicine News(10 mins):