Biden’s Plans to Reduce Cost of Medicare Drugs To Send Ripple Effects Through Nursing Home Industry
Following the Biden Administration’s bid this week to reduce the price of certain drugs – many of which are commonly used in nursing homes – experts are cautioning that the changes may negatively impact the bottomline of organizations in the sector. As Medicare Part D price negotiations for these drugs come into focus this week, the Senior Care Pharmacy Coalition (SCPC), for one, is warning that changes to Part D might cause “collateral damage” to long-term care pharmacies, the patients they serve and operator partners.
Long-Term Care Pharmacies Say Negotiation Hurts Them Without PBM Reform
Long-term care pharmacies say the kick-off of Medicare drug price negotiation Tuesday (Aug. 29), while well-intentioned, will inadvertently hurt them and their patients unless policy makers also move forward on pharmacy benefit manager and Part D payment reforms. “Long term care pharmacies are likely to be collateral damage,” Alan Rosenbloom, president and CEO of the Senior Care Pharmacy Coalition, told Inside Health Policy.
SCPC Calls for Solutions that Protect Long-term Care Patients and Pharmacies as White House Announces Initial List for Medicare Drug Price Negotiations
The Senior Care Pharmacy Coalition (SCPC), the leading national voice for the long-term care pharmacy community, released a statement today regarding the Biden administration’s announcement of the first 10 drugs selected for Medicare price negotiations, eight of which are heavily utilized by patients served by long-term care pharmacies.
2023 SCPC Summit Recap
In late July, the Senior Care Pharmacy Coalition (SCPC) gathered in Washington, D.C. for our annual Business Partners Summit where we discussed key issues and policies impacting the long-term care (LTC) pharmacy community and the unique role our members play in America’s healthcare system.
Glasgow pharmacy reflects on frontline work through the pandemic
By Kelly Dean GLASGOW, Ky. (WBKO) – Governor Andy Beshear declared this week in Kentucky as Health Care Hero Appreciation Week. The purpose is to celebrate nurses, doctors, nurses and hospital/clinic staff who have worked round-the-clock to treat patients during the Covid-19 pandemic. Meanwhile, Kentucky’s pharmacies have also played a special role in the pandemic by […]
An age-old problem: systemic inequality in health care for seniors and how Congress can fix it
The Hill By Alan Rosenbloom Health care for aging Americans is a source of constant policy debate—but it’s a debate that must be settled soon. The U.S. Department of Health and Human Services predicts that 70 percent of individuals who reach age 65 will require severe long-term care (LTC) needs—such as help with bathing, […]
How Medical Middlemen Delay and Deny Cancer Treatments to Americans
Morning Consult BY TED OKON August 21, 2019 Democratic presidential candidates have devoted plenty of debate time to health care and pointed fingers at a familiar bogeyman: the all-powerful pharmaceutical industry. They are right to be outraged at high drug prices and the affordability crisis millions of Americans face every day, but they missed a huge problem […]
Senate bill aims to protect taxpayers from costly drugs
Roll Call One proposed change to Medicare prescription drug benefit is to help the program control costs it absorbs to keep premiums stable. (CQ Roll Call file photo) Congress this year could enact the biggest overhaul of Medicare’s prescription drug benefit since it was first established in 2003. If successful, seniors — and taxpayers — […]
Delaware Makes Drug Prices More Transparent
Delaware Public Radio
A new law eliminates the so-called gag clause making it easier for pharmacists to tell patients in Delaware about the lowest prices for their prescriptions…Read More.