TITLE

Drug rebates mean immediate fiscal relief for some Medicaid programs

PUB. DATE
June 2010
SOURCE
State Health Watch;Jun2010, Vol. 17 Issue 6, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on the expanded drug rebate program covering drugs prescribed to enrollees of Medicaid managed care plans. The Medicaid discount provisions are based on the Drug Rebate Equalization Act legislation that may provide states with substantial savings. The Lewin Group estimated a total Medicaid savings of 12.6 billion dollars over five years from 2009-2013 for states using a carve-out approach. However, the reform will have little or no impact on states with fee-for-service budgets.
ACCESSION #
51433699

 

Related Articles

  • AMP injunction an 11th-hour victory for Rx. Frederick, Jim // Drug Store News;1/14/2008, Vol. 30 Issue 1, p3 

    The article reports on the implementation of the Medicaid prescription reimbursements reduction in the community pharmacies in the U.S. The payment plan will cover all generics dispensed under Medicaid. However, District Court Judge Royce Lamberth decides to stop the reduction plan and did not...

  • Calif. R.Ph.s lose even with nation's highest Medicaid fees. Gebhart, Fred // Drug Topics;8/23/2004, Vol. 148 Issue 16, p64 

    Pharmacists in California have won the highest Medicaid professional fee in the country, but product reimbursement cuts could put many of them out of business. The new rates, set as part of California's record $103.5 million budget for 2005, give pharmacists AWP minus 17% plus a $7.25...

  • Pharmacy Could Lose Medicaid Margins. Toth, Wendy // SN: Supermarket News;1/1/2007, Vol. 55 Issue 1, p18 

    The article focuses on the possibility of lower margins facing retail pharmacy as a result of the proposed cuts to Medicaid reimbursement by the U.S. Centers for Medicare and Medicaid Services. According to Ty Kelly, director of government relations for the Food Marketing Institute, many...

  • Alabama Medicaid Drug Formula Could Be Model For Other States.  // Policy & Practice (19426828);Dec2010, Vol. 68 Issue 6, p26 

    The article reports on Alabama's new method called average acquisition cost which is used to calculate Medicaid drug reimbursement for pharmacists and is considered to be a model for other states in the U.S.

  • Administration supporting states on Medicaid pay cuts. Newman, Elizabeth // McKnight's Long-Term Care News;Jul2011, Vol. 32 Issue 7, p22 

    The article reports on an administration amicus brief filed with the U.S. Supreme Court, which states that healthcare providers and Medicaid recipients are not allowed to sue state officials over Medicaid reimbursement cuts.

  • LIGHTER SIDE.  // H&HN: Hospitals & Health Networks;Mar2011, Vol. 85 Issue 3, p8 

    A cartoon is presented which is concerned with influenza vaccinations.

  • MA Issue. Silverman, Adam; Gilhooly, Joan // Podiatry Management;Mar2014, Vol. 33 Issue 3, p38 

    A letter to the editor is presented asking for guidance on seeking compensation from Medical Assistance for service as an inpatient consultant.

  • Firm stand taken on cuts in Medicaid reimbursements.  // Chain Drug Review;7/20/2009, Vol. 31 Issue 12, p59 

    The article reports on the opposition of Walgreen Co. against Medicaid cuts in pharmacy reimbursements in the U.S. The drug chain has been aggressive in defending the industry against cuts in Medicaid reimbursements. As of May 1, 2009, Walgreens decided to pull 44 of its pharmacies out of the...

  • Medicaid Sets the Pace on Pharma Pricing. Wechsler, Jill // Pharmaceutical Executive;Apr2007, Vol. 27 Issue 4, p44 

    The article reports on the arguments concerning the changes made in Medicaid drug-pricing formulas to address pharmaceutical pricing in the U.S. The Congress has made a series of significant changes under the Deficit Reduction Act (DRA) of 2005 including the Average Manufacturer's Price (AMP),...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics