Top PBMs reap Part D windfall, group charges
Since the launch of Medicare Part D, the top three PBMs have postedrecord earnings, according to the Association of CommunityPharmacists Congressional Network. At a time when Part Dreimbursements to pharmacies are slow and low, ACP*CN noted thatMedco alone generated $650 million in new Medicare sales for thefirst quarter and that Part D allows PBMs to keep any drug companyrebates instead of passing the savings on to seniors.
Top PBMs reap Part D windfall, group charges
Since the launch of Medicare Part D, the top three PBMs have posted record earnings, according to the Association of Community Pharmacists Congressional Network. At a time when Part D reimbursements to pharmacies are slow and low, ACP*CN noted that Medco alone generated $650 million in new Medicare sales for the first quarter and that Part D allows PBMs to keep any drug company rebates instead of passing the savings on to seniors. Speaking on behalf of its PBM members, PCMA countered that Part D is working as Congress and the Bush Administration intended by saving seniors money.
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FDA’s Recent Exemptions: What Do They Mean as We Finalize DSCSA Implementation?
October 31st 2024Kala Shankle, Vice President of Regulatory Affairs with the Healthcare Distribution Alliance, and Ilisa Bernstein, President of Bernstein Rx Solutions, LLC, discussed recent developments regarding the Drug Supply Chain Security Act.
