CVS and Aetna merger a disruptive sign of the future

Healthcare Finance
The proposed CVS Health-Aetna merger is emblematic of the growing arms race to consolidate and control consumer access to appropriate prescription drugs, particularly LTC (long-term care) patients…Read More.

To protect seniors, Congress should adopt clear, statutory definition of long term care pharmacies

The Hill
When it comes to the “alphabet soup” of federal agencies, one’s eyes can glaze over in confusion and uncertainty about what they do, why they do it, and how average citizens benefit from their federally-funded oversight…Read More.

Rosenbloom: No More Exploitation of Seniors, Taxpayers by PBMs

Health Economics
Pharmacy benefit managers have long enough taken advantage seniors and taxpayers in the U.S. through strategies that exploit Medicare, Senior Care Pharmacy Coalition President/CEO Alan Rosenbloom writes…Read More.

PBMs must stop taking advantage of seniors and taxpayers

McKnight’s
As much as we can appreciate the ingenuity of entrepreneurs in a free market, programs like Medicare were never intended to pad the pockets of businesses at the expense of consumers and taxpayers…Read More.

To Help Seniors Served by LTC Pharmacies, DIR Fees Should Simply be Prohibited

Morning Consult
Tired of being kept in the dark about the mysterious prescription drug cost pricing process, Congress has proposed a variety of bipartisan legislative reforms designed to shed light on a system seemingly designed at the outset to confuse, befuddle and bewilder…Read More.

Medicare Part D premiums down, CMS says, as administration aims to curtail swelling drug costs

McKnight’s
Premiums for nursing home residents’ prescription drug plans have dipped for the second year in a row, in what the administration hopes is a sign that efforts to curb prescription costs might be taking hold…Read More.

LTC pharmacy group rips Medicare Part D ‘oligopoly, corrupting the free market,’ offers 7 fixes

McKnight’s
One of the leading groups representing long-term care pharmacists is urging the federal government to “act swiftly” to address “skyrocketing drug costs” that are harming the field…Read More.

Pharmacy tech company partners with SCPC to bolster its advocacy agenda

McKnight’s LTC News
Parata announced last week that it’s becoming a Bronze Level Business Partnership with the Senior Care Pharmacy Coalition, which represents some 350 LTC pharmacies across the U.S…Read More.

Trump prescription plan doesn’t include Medicare-negotiated pricing

McKnight’s LTC News
PBMs have come under increasing scrutiny since the president’s economic advisory council issued a February report that highlighted their dominance in senior healthcare settings…Read More.

Medicare Advantage pay to jump as enrollment grows

McKnight’s LTC News
Medicare Advantage plans will receive a 3.4% uptick in federal payments in 2019. That’s nearly 90% more than the 1.84% increase proposed in February…Read More.

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