To Boost Transparency, SCPC Seeks to Amend Senate, House Bills to Require PBM Disclosure Data Related to Seniors Residing in LTC Facilities

Washington, DC – To better ensure the Centers for Medicare and Medicaid Services (CMS) and consumers have access to drug pricing information relevant to seniors residing in long term care (LTC) facilities, the Senior Care Pharmacy Coalition (SCPC) today suggested that the Senate Finance Committee-introduced Prescription Drug Pricing Reduction Act (PDPRA) and the Lower Cost, read more…

Bill to eliminate third-party pharmacy benefit managers could save state millions

Fox 25 Oklahoma – January 24, 2020 By Destiny Washington OKLAHOMA CITY (KOKH) — Oklahoma could soon join the growing number of states backing away from using Pharmacy Benefit Managers (PBM’s) to administer prescription-drug programs. A PBM is a third-party administrator of prescription drug programs for state and federal government employee plans, self-insured employer plans, commercial read more…

SCOTUS Can Rein in Middlemen Who Are Gaming Local Pharmacies, Patients

Morning Consult– January 23, 2020  By B. Douglas Hoey Very few people know what pharmacy benefit managers do. The three biggest rival the largest corporations in the world in terms of market capitalization, revenue and profits. The CVS Health pharmacy service segment, for example, reported $134 billion in revenue last year. The PBMs exert enormous influence on read more…

New advocacy tool offers lawmaker education about long-term care pharmacy clinical value, benefits

McKnight’s Long-Term Care News– January 13, 2020 By Fred Burke As every practitioner and advocate within our broader long-term care space knows, it’s becoming increasingly difficult to break through the noise when it comes to engaging with and educating policymakers about the intrinsic value the long-term care community provides. Given the health challenges America faces, read more…

More Than Half Of Voters Say Health Care, Drug Costs Are Top 2020 Concern

Inside Health Policy – January 08, 2020 By Emily Martin More than half of voters consider out-of-pocket costs for prescription drugs and other aspects of health care as top concerns ahead of the first primaries, according to a recent poll from Morning Consult and Bipartisan Policy Center. Nearly half also say use of illicit drugs and read more…

Outpatient settings need pharmacists, but lack of reimbursement makes that tough

Modern Healthcare– December 14, 2019 By Maria Castellucci About three years ago it became clear to the leadership team at RWJBarnabas Health that pharmacists were needed in its 68 ambulatory clinics. Its providers—and the system overall—are increasingly participating in value-based contracts with payers that involve metrics related to medication adherence, adverse drug events and other read more…

To Help Patients, Reform The Drug Pricing System Don’t Impose Price Controls

Forbes- December 13, 2019 By: Wayne Winegarden Yesterday the House passed the ill-considered “Pelosi bill” that would impose draconian price controls on drugs. Ignoring the bill’s many adverse impacts, price control advocates like Speaker Pelosi appear to believe that these command and control schemes can solve the systemic health care affordability problem. But, as the read more…

Trump administration pushing new drug spending cap

Axios– November 24, 2019 The Trump administration is pushing for a monthly cap on what seniors pay out-of-pocket for drugs through Medicare’s pharmacy benefit to be added to a bipartisan drug pricing bill in the Senate, a senior administration official told Axios’ Caitlin Owens and me. The big picture: The cost of prescription drugs is still a read more…

SCPC Signed Letter in Support of S.2723 – The Mitigating Emergency Drug Shortages (MEDS) Act.

Re: S.2723 – The Mitigating Emergency Drug Shortages (MEDS) Act Dear Senator Collins and Senator Smith, The undersigned organizations are writing in support of S.2723 – The Mitigating Emergency Drug Shortages (MEDS) Act. Drug shortages have been on the rise for several years, with an estimated 210 drugs currently at risk or not readily available read more…

SCPC Praises Bipartisan House Passage of PBM Rebate Transparency Bills

Washington, DC –The Senior Care Pharmacy Coalition (SCPC) today praised bipartisan passage of two bills in the U.S. House of Representatives to expand data disclosure from pharmacy benefit manager (PBM) middlemen as the national long term care (LTC) pharmacy advocacy group pursues one of its key goals of enhancing transparency and accountability across the entire read more…

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