Wendy future of retail top

Affordable Care Act

Obama says more work needed to fix health care

Obama says more work needed to fix health care

WASHINGTON — President Barack Obama has made suggestions for improving the Affordable Care Act (ACA), including bigger subsidies for private insurance and a Medicare-like public plan in some states. Obama also said drug makers were putting their bottom lines ahead of the common good by opposing any constraints on medication prices. “We worked successfully with

IRS ruling represents new complication for ACA

IRS ruling represents new complication for ACA

WASHINGTON — Accountable care organizations (ACOs) face a major hurdle under a ruling by the Internal Revenue Service. ACOs are groups of doctors, hospitals and other health care providers, possibly including pharmacists, who voluntarily come together to give coordinated high-quality care. The goal is to ensure that patients, especially the chronically ill, get the right

Health insurers seek rate hikes under ACA

WASHINGTON — Large health plans that have claimed financial challenges from their participation in health insurance exchanges under the Affordable Care Act are set to seek significant premium increases in about a dozen states where they operate those individual plans. Others are limiting the number of plans offered if not vacating states altogether. Plans in

ACA progresses, but costs still a big hurdle

ACA progresses, but costs still a big hurdle

Several recent reports help illuminate the state of the nation’s health care reform efforts by examining progress under major aspects of the Affordable Care Act. President Obama signed the legislation into law in March 2010 with three overarching objectives — establishing new protections for health care consumers, enhancing access to care, and improving quality while

As baby boomer generation ages, its needs will change

As baby boomer generation ages, its needs will change

It feels like “The boomers are coming! The boomers are coming!” has been a corporate rallying cry for a number of years now as a range of industries have worked to prepare for the aging of the population. But successfully targeting the baby boomer generation has proven elusive for many. A careful examination reveals that

Prescription drug costs keep rising

Prescription drug costs keep rising

WASHINGTON — Inflation in medication costs eased last year due to spending controls and fewer new blockbusters, although there are still numerous cases of sticker shock. Spending on prescription drugs rose 5.2% in 2015, including the effects of rebates, driven by an 18% increase in specialty drugs, noted Express Scripts Holding Co. in a recent

Enrollment on health insurance exchanges hits 12.7 million

WASHINGTON — About 12.7 million Americans signed up for 2016 health insurance coverage through the government insurance exchanges, surpassing expectations, Health and Human Services Secretary Sylvia Burwell said earlier this month. The government began offering subsidies for individual insurance in 2014 under the Affordable Care Act, frequently referred to as Obamacare, and charges a penalty

Rx takes hard look at long-awaited Medicaid AMP rule

Rx takes hard look at long-awaited Medicaid AMP rule

ARLINGTON, Va. — The National Association of Chain Drug Stores was working with member companies at presstime to review the final rule on Medicaid prescription reimbursements. The Centers for Medicare & Medicaid Services (CMS) says the 658-page rule — which takes effect April 1 after a comment period — establishes a regulatory definition for average

Administration keeps tinkering with ACA

Administration keeps tinkering with ACA

WASHINGTON — The Obama administration continues to alter the Affordable Care Act and propose changes to Medicaid funding as it seeks to increase the number of Americans who have health insurance and slow the pace of medical cost ­inflation. In a nudge to get more healthy people into the insurance pool, the government increased the

AMP issue illustrates the pressure on Rx

AMP issue illustrates the pressure on Rx

After years of political and legal wrangling, the Centers for Medicare & Medicaid Services (CMS) has issued its final rule on Covered Outpatient Drugs, which governs reimbursement to retail pharmacies for generic medications dispensed under Medicaid. The history of the regulation goes all the way back to the Deficit Reduction Act of 2005 (DRA), which

Industry eyes CMS final rule for Rx reimbursement

Industry eyes CMS final rule for Rx reimbursement

WASHINGTON — The Centers for Medicare & Medicaid Services (CMS) has issued the Covered Outpatient Drugs final rule with comment, which the National Association of Chain Drug Stores said includes “significant changes” to Medicaid pharmacy reimbursement for generic drugs based on the average manufacturer price (AMP) model. Released on Thursday and due to be published

Congress votes to repeal ACA; Obama responds with veto

Congress votes to repeal ACA; Obama responds with veto

WASHINGTON — President Obama has vetoed congressional legislation that would repeal the Affordable Care Act. Repeal bills passed by the House and Senate “would reverse the significant progress we have made in improving health care in America,” Obama said. Noting that 17.6 million Americans have gained health care coverage under the law, he said the

As health care battle persists, pharmacy moves ahead

As health care battle persists, pharmacy moves ahead

    Clearly, health care reform will remain a contentious issue during the current presidential election cycle and beyond. The House of Representatives started the new year by voting to gut the Affordable Care Act. Passage of the legislation, by a 240-to-181 margin that closely mirrored the breakdown among parties in the Republican-controlled body, together

Budget deal includes some setbacks for Obamacare

WASHINGTON — Republican opponents of President Obama’s health care law may do better by dismantling the Affordable Care Act piece by piece. Under the budget deal passed by Congress and signed by the president last month, a widely criticized tax on high-cost employer health insurance plans has been delayed and two taxes already being collected

PP_1170x120_10-25-21