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
'/>"/>

SOURCE Pharmaceutical Care Management Association
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2

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:7/30/2014)... DALLAS , July 30, 2014 /PRNewswire-iReach/ -- ... on Global and Chinese Heparin sodium (CAS 9041-08-1) ... reviews the basic information of Heparin sodium (CAS ... application and manufacturing technology. The report then explores ... (CAS 9041-08-1) & calcium (CAS 37270-89-6) listing their ...
(Date:7/30/2014)... July 30, 2014   Medical Equipment Solutions, Corp. ... awarded a Department of Defense (US Army) contract valued ... a mobile MRI diagnostic machine and technical support staffing. ... through the Small Business Administration (SBA), Medical Equipment is ... with the latest medical diagnostic equipment. The SBA 8-A ...
(Date:7/30/2014)... July 30, 2014   Epic Sciences, Inc. ... designs and develops novel diagnostics to personalize and ... today the completion of a $30 million Series ... investors RusnanoMedInvest (RMI) and Arcus Ventures, existing investors ... Investments, as well as undisclosed individual investors. With ...
Breaking Medicine Technology:Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 2Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 3Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 4Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 5Medical Equipment Solutions Corp. Awarded $2 Million contract To Service DoD 2Epic Sciences Announces Series C Financing to Advance Essential Cancer Diagnostics for Personalized Medicine 2Epic Sciences Announces Series C Financing to Advance Essential Cancer Diagnostics for Personalized Medicine 3
... , ST. LOUIS, Jan. 11 KV Pharmaceutical Company ... the existing asset purchase agreement with Hologic, Inc. to secure the ... and conditions set forth in the amendment. Upon approval by the ... first and only FDA-approved treatment for the prevention of preterm birth ...
... N.J., Jan. 11 Survival of the fittest? In ... only what you know today, but what you need to ... has the right insight and accurate forecasting skills will excel. ... growing) market in the world, its sheer size also presents ...
Cached Medicine Technology:KV Pharmaceutical Amends Agreement to Secure Rights to Gestiva(TM) 2KV Pharmaceutical Amends Agreement to Secure Rights to Gestiva(TM) 3KV Pharmaceutical Amends Agreement to Secure Rights to Gestiva(TM) 4KV Pharmaceutical Amends Agreement to Secure Rights to Gestiva(TM) 5KV Pharmaceutical Amends Agreement to Secure Rights to Gestiva(TM) 6KV Pharmaceutical Amends Agreement to Secure Rights to Gestiva(TM) 7Elite Pharma Insiders to Reveal Key Survival Strategies for Pharmaceutical Industry in 2010 2
(Date:7/30/2014)... ... ... ... , UCLA researchers interviewed people with diverticulitis and confirmed that many suffer psychological and physical ... Life Research , a UCLA team led by Dr. Brennan Spiegel interviewed patients in great detail about the symptoms they experience weeks, ...
(Date:7/30/2014)... July 30, 2014 The Ehlers-Danlos National ... of Directors. Sandra Aiken Chack will serve as chair. ... the EDNF 2014 Annual Learning Conference in Houston, Texas ... an ambitious agenda ahead of us. From the rollout ... Research at the Greater Baltimore Medical Center to our ...
(Date:7/30/2014)... 30, 2014 LTC Consumer, an independent, free ... care insurance, features an Instant Quote tool on its website, ... of LTC Consumer. Quotes are free and unlimited. , The ... only seven areas – including age, gender, and state of ... seconds (you don’t need to enter any contact information to ...
(Date:7/30/2014)... The American Telemedicine Association (ATA) ... Cochran (R-MS) and Roger Wicker (R-MS) for their ... under Medicare, Medicaid and Federal Communications Commission programs. ... introduced the Telehealth Enhancement Act as S. 2662, ... 3306, introduced by Rep. Gregg Harper (R-MS) which ...
(Date:7/30/2014)... OR (PRWEB) July 30, 2014 ... evaluating the quality of care that their practitioners ... CEO, Mr. Andrew Rowe, discussed the importance of ... to improve physician performance and quality of care. ... effective practitioner evaluation, Mr. Rowe elaborated on setting ...
Breaking Medicine News(10 mins):Health News:Diverticulitis patients reveal psychological, physical symptoms long after acute attacks 2Health News:Diverticulitis patients reveal psychological, physical symptoms long after acute attacks 3Health News:Ehlers-Danlos National Foundation Announces New Leadership 2Health News:LTC Consumer Launches Online Tool for Getting Instant Long Term Care Insurance Estimates 2Health News:ATA Applauds Senators’ Push for Federal Telemedicine Improvements 2Health News:AllMed Webinar Helps Hospitals Optimize Practitioner Evaluations in Peer Review 2Health News:AllMed Webinar Helps Hospitals Optimize Practitioner Evaluations in Peer Review 3
... PRUSSIA, Pa., July 17 Universal,Health Services, Inc. (NYSE: ... voted to pay a cash dividend of $0.08 per ... of September 2, 2008., Universal Health Services, Inc. ... its subsidiaries, acute care and behavioral,health hospitals, and ambulatory ...
... MX Grand Prix, CAPE TOWN, South Africa, July ... Corporation headquartered in,Cape Town, South Africa, and the distributor ... prevent potentially devastating motor sport,injuries to the cervical spine ... Sponsor to the South African Leg of the 2008 ...
... July 16, 2008 Galderma Pharma S.A., a ... that Japan,s Ministry of Health, Labor and Welfare has ... for acne vulgaris in Japan. The drug will be ... arm of Galderma, and strategic alliance partner Shionogi. , ...
... help those at risk of obesity or with high ... babies ready to graduate from breast milk or formula ... they receive whole milk, instead of reduced-fat or fat-free ... of Pediatrics (AAP) now advise parents of toddlers who ...
... and Equipment to Young Patients and Helps ... Raise Money for Make-A-Wish Foundation, PITTSBURGH, ... train-themed "JR" autonomous mobile robot to children,s,hospitals across the country ... Foundation for each JR TUG that is deployed. The JR ...
... July 17 /Xinhua-PRNewswire-FirstCall/ -- Mindray,Medical International Limited (NYSE: ... of medical devices worldwide has announced today that ... products as well as,unveil three new units and ... Chemistry (AACC) conference. The conference will be attended,by ...
Cached Medicine News:Health News:Leatt Corporation To Sponsor 2008 South African Motocross Grand Prix 2Health News:Leatt Corporation To Sponsor 2008 South African Motocross Grand Prix 3Health News:Galderma announces approval for Differin gel 0.1 percent in Japan 2Health News:Low-Fat Milk OK for Some Toddlers 2Health News:Aethon's Train-Themed Delivery Robot Available To Children's Hospitals Nationwide 2Health News:Mindray to Unveil Three New Products and Reagents at AACC Annual Meeting 2Health News:Mindray to Unveil Three New Products and Reagents at AACC Annual Meeting 3
... AEM Laparoscopic Instruments incorporate a layered design ... shielded and monitored to prevent stray electrosurgical ... caused by insulation failure or capacitive coupling; ... shield built into all AEM Instruments provides ...
... Instruments incorporate a layered design unique in ... monitored to prevent stray electrosurgical burns along ... insulation failure or capacitive coupling; a well-documented ... into all AEM Instruments provides a neutral ...
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
Medicine Products: