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Last updated on April 19, 2014 at 13:20 EDT

Latest Pharmaceutical care management association Stories

2014-04-03 12:29:36

Undermining Maximum Allowable Cost Lists Could Cost Florida Over $420 Million Annually WASHINGTON, April 3, 2014 /PRNewswire-USNewswire/ -- Legislation that (SB 1014) passed out of the Florida Senate Appropriations Subcommittee on General Government would create new powers for independent drugstores to charge employers, seniors and unions higher prices for generic drugs, the Pharmaceutical Care Management Association (PCMA) said today. The new legislation, along with a similar bill (HB 765),...

2014-03-26 23:01:45

Legislation being considered today by Florida lawmakers could increase prescription drug costs by more than $12 billion over the next 10 years. Washington, D.C. (PRWEB) March 26, 2014 Legislation (HB 1001, HB 745, SB 1014 and SB 1354) being considered today by Florida lawmakers could increase prescription drug costs by more than $12 billion over the next 10 years for the state’s employers, seniors, unions, and consumers, the Pharmaceutical Care Management Association (PCMA) said today....

2014-03-25 16:26:17

WASHINGTON, March 25, 2014 /PRNewswire-USNewswire/ -- Legislation (HB 1001, HB 745, SB 1014 and SB 1354) being considered today by Florida lawmakers could increase prescription drug costs by more than $12 billion over the next 10 years for the state's employers, seniors, unions, and consumers, the Pharmaceutical Care Management Association (PCMA) said today. "This legislation would force employers and consumers to pay more for prescription drugs," said PCMA President and CEO Mark Merritt....

2014-03-11 23:33:40

“CMS was wise to reconsider its proposed Part D rule that would have destabilized the program, increased costs, and disrupted coverage for millions of seniors.” Washington, D.C. (PRWEB) March 11, 2014 Pharmaceutical Care Management Association (PCMA) President and CEO Mark Merritt issued the following statement on today’s letter from Centers for Medicare & Medicaid Services (CMS) Administrator Marilyn Tavenner to Congress on the proposed Part D rule: “CMS was wise to...

2014-03-10 12:26:24

WASHINGTON, March 10, 2014 /PRNewswire-USNewswire/ -- A new actuarial study released by The Pharmaceutical Care Management Association (PCMA) examining the impact proposed changes to the Medicare prescription drug program finds that eliminating preferred pharmacy networks in Part D would increase premiums by approximately $63 annually for over 75 percent of Part D enrollees and raise overall program costs by an estimated $24 billion over the next ten years. "CMS' proposal to eliminate...

2014-01-09 12:27:12

WASHINGTON, Jan. 9, 2014 /PRNewswire-USNewswire/ -- The Pharmaceutical Care Management Association (PCMA) issued the following statement today on the Centers for Medicare & Medicaid Services' (CMS) Medicare Parts C and D Proposed Rule: "Amidst the rancor in health care today, Medicare Part D has remained constant in its ability to offer generous, affordable prescription drug benefits to 36 million beneficiaries. The program routinely comes in under budget and delivers premiums...

2013-12-19 16:27:03

PBMs are Key to Promoting Generics WASHINGTON, Dec. 19, 2013 /PRNewswire-USNewswire/ -- Generic medications accounted for more than $1 trillion in overall savings during the last decade, according to a new study released by the Generic Pharmaceutical Association (GPhA). Through innovative utilization management tools, pharmacy benefit managers are the primary drivers for increased use of generic drugs, the Pharmaceutical Care Management Association (PCMA) said today. "This study confirms...

2013-12-12 12:27:12

Survey of Specialists Stirs Safety Concerns of "Any Willing Specialty Pharmacy" Mandates WASHINGTON, Dec. 12, 2013 /PRNewswire-USNewswire/ -- A new national survey released today by the Pharmaceutical Care Management Association (PCMA) finds physicians are highly satisfied with their specialty pharmacies, but are skeptical that most drugstores have the "expertise and capability" to provide the same medications to patients. Only 5 percent believe "all" drugstores are qualified to do so,...

2013-12-09 12:27:44

WASHINGTON, Dec. 9, 2013 /PRNewswire-USNewswire/ -- Medicare prescription drug plans (PDPs) using preferred pharmacy networks have lower average premiums and the same or better average quality ratings as plans without preferred networks, according to a new analysis by Avalere Health released today by the Pharmaceutical Care Management Association (PCMA). The analysis is the first to examine 2014 premiums and star ratings for PDPs with preferred pharmacy networks, which now account for around...

2013-12-04 12:25:18

New Regulations Could Increase Prescription Drug Costs $1.7 Billion WASHINGTON, Dec. 4, 2013 /PRNewswire-USNewswire/ -- As the Oklahoma drugstore lobby launches new attacks seeking to undermine tools used by pharmacy benefit managers (PBMs) to lower prescription drug costs, the Pharmaceutical Care Management Association (PCMA) released a new ad campaign today defending the rights of employers to reduce wasteful pharmacy spending. The ad notes that, employers think: "It's wrong" for the...