Formulary Discounts Shield Manufacturers From Price Controls – PBMs
Executive Summary
Manufacturers should offer pharmacy benefit managers substantial formulary discounts to avoid government price controls, Pharmaceutical Care Management Association President Mark Merritt suggested during the association's annual meeting in Palm Springs, Calif. Oct. 24
You may also be interested in...
CMS Reveals 10 National PDP Insurers, Defers Specifics On Plan Details
The Centers for Medicare & Medicaid Services is giving approved prescription drug plan organizations the go-ahead to start issuing press releases that do not stray into the domain of plan marketing
Caremark Settlement Reinforces PBM Disclosure, Rx Interchange Standards
Caremark's settlement of a federal investigation into AdvancePCS' business practices reinforces the rules for pharmacy benefit manager conduct that were first delineated in a Medco consent decree in April 2004
Medco Injunction Changes Equation For Switches: PBM Must Cover All Costs
Medco will pay all "drug interchange-related health care costs" incurred by consumers under a consent order entered April 26