March 16, 2017 by Chain Drug Review
B. Douglas Hoey, C-THRU, Creating Transparency to Have Drug Rebates Unlocked Act, National Community Pharmacists Association, NCPA, PBMs, PCMA, Pharmaceutical Care Management Association, pharmacy benefit managers, prescription drug pricing, Ron Wyden
Featured Articles, Leading Headlines, Pharmacy, Retail News
WASHINGTON — Sen. Ron Wyden (D., Ore.) has introduced the Creating Transparency to Have Drug Rebates Unlocked Act (C-THRU), aimed at bringing more visibility into prescription drug pricing by pharmacy benefit managers. The C-THRU legislation, initiated Wednesday in the Senate Finance Committee, would require PBMs serving Medicare Part D plans to disclose the aggregate rebates
March 7, 2017 by Chain Drug Review
Austin Scott, Brian Babin, Buddy Carter, Dave Loebsack, Doug Collins, H.R. 1316, John Duncan, Mark Merritt, National Community Pharmacists Association, NCPA, PBMs, PCMA, Pharmaceutical Care Management Association, pharmacy benefit managers, prescription drug costs, Prescription Drug Price Transparency Act, video
Videos
A half-dozen congressmen pointed a finger at pharmacy benefit managers (PBMs) on the floor of the House of Representatives last week in an hour of comments on the high cost of prescriptions drugs, the National Community Pharmacists Association (NCPA) said in its Executive Update e-newsletter. In the session, Reps. Doug Collins (R., Ga.), Brian Babin
February 16, 2017 by Chain Drug Review
B. Douglas Hoey, Centers for Medicare & Medicaid Services, Community Oncology Alliance, CVS Health, DIR fees, direct and indirect remuneration, H.R. 1038, Improving Transparency and Accuracy in Medicare Part D Spending Act, Medicare Part D, Morgan Griffith, National Community Pharmacists Association, PBM industry, Peter Welch, Pharmaceutical Care Management Association
Featured Articles, Leading Headlines, Pharmacy, Retail News
WASHINGTON — Reps. Morgan Griffith (R., Va.) and Peter Welch (D., Vt.) have reintroduced the Improving Transparency and Accuracy in Medicare Part D Spending Act (H.R. 1038), which community pharmacies say would squelch a growing burden: retroactive direct and indirect remuneration (DIR) fees. The bill, introduced Wednesday in the House of Representatives, would ban the application
February 9, 2017 by Chain Drug Review
Alan Rosenbloom, drug price transparency, H.R. 244, MAC Transparency Act, Mark Merritt, PBM, PCMA, Pharmaceutical Care Management Association, prescription drug costs, prescription drug pricing, Rep. Doug Collins, Senior Care Pharmacy Coalition, video
Videos
With high prescription drug costs a pillar of the national debate on health care, the Pharmaceutical Care Management Association (PCMA) is trying to shed some light on drug pricing. The Washington, D.C.-based PBM trade group on Wednesday released a video titled, “What is drug price transparency?”. PCMA said the goal is to show how transparency
January 12, 2017 by Chain Drug Review
Andrew Cuomo, B. Douglas Hoey, costs of prescription drugs, National Community Pharmacists Association, NCPA, PCMA, Pharmaceutical Care Management Association, Pharmaceutical Care Management Association v. Gerhart, prescription drug prices, video
Featured Articles, Leading Headlines, Pharmacy, Retail News, Videos
(*Note: Go to 42:05 of video for Cuomo’s discussion of prescription drug costs.) ALBANY, N.Y. — New York Gov. Andrew Cuomo unveiled a three-pronged plan to check soaring prescription drug prices, which he called a “tremendous problem” for the state and its residents. In his 2017 State of the State address on Wednesday, Cuomo proposed
February 4, 2016 by Chain Drug Review
community pharmacies, Food and Drug Administration, House Committee on Oversight and Government Reform, Janet Woodcock, Mark Merritt, National Community Pharmacists Association, PBM industry, Pharmaceutical Care Management Association, pharmacy benefit management, video
Leading Headlines, Pharmacy, Retail News, Videos
ALEXANDRIA, Va. — In comments to Congress, the National Community Pharmacists Association called for more oversight of pharmacy benefit management (PBM) companies. NCPA said payers, pharmacy patients and pharmacists could see “tangible benefits” from increased transparency into PBM business practices and potential conflicts of interests. The association submitted its comments to the House Committee on
January 5, 2015 by Geoff Walden and Chain Drug Review
B. Douglas Hoey, Centers for Medicare and Medicaid Services, H.R. 4577, Mark Merritt, Medicare Part D drug plans, National Community Pharmacists Association, Pharmaceutical Care Management Association, pharmacy benefit managers, pharmacy networks, preferred pharmacies
2015, Issue 01-05-2015, News, Pharmacy
WASHINGTON — Preferred pharmacies for Medicare Part D drug plans are more accessible in suburbs and rural areas than in cities, a study by the Centers for Medicare and Medicaid Services (CMS) has found. “While we appreciate the importance of providing lower costs to beneficiaries, these findings reinforce CMS’ concern that plans are offering access