TITLE

Savings shell game? Lawsuit 'not going to result in big change' in pricing, one PBM rep says

AUTHOR(S)
Galentine, Elizabeth
PUB. DATE
December 2009
SOURCE
Employee Benefit News;Dec2009, Vol. 23 Issue 15, p128
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on a lawsuit filed against drug wholesaler McKesson Corp. and publishers First Databank and Medi-Span that is said to have led to the reduction of average wholesale price (AWP) in the U.S. They were accused of artificially raising the prices of several prescription drugs by 5%. Jennifer Kingsley Wilson of ARMSRx stressed the need for employers to audit their pharmacy benefit managers (PBMs) to make sure that such a change is made in a price-neutral way. John Jones of Prescription Solutions says the change will not be sustainable.
ACCESSION #
47639982

 

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