Senior-Care Pharmacies Oppose Pharmacy Concession Proposal
By John Wilkerson, Inside Health Policy
Contrary to independent retail pharmacies, long-term care pharmacies oppose CMS’ proposal to make Part D plans give concessions they receive from network pharmacies to beneficiaries at the point of sale. Senior Care Pharmacy Coalition President and CEO Alan Rosenbloom said the proposed policy would legitimize what he called illegitimate fees, and it might backfire. CMS says pharmacy concessions grew 100,000% over a decade, from $8.9 million in 2010 to $9.5 billion in 2020.
Read more on InsideHealthPolicy.com here.
Recent Posts
-
Seniors in Long-Term Care Could Lose Access to Essential LTC Pharmacy Services Absent Action from Congress
A new study from the Senior Care Pharmacy Coalition (SCPC), the nation’s leading voice for long-term care (LTC) pharmacies, performed by CLA (CliftonLarsonAllen LLP) and with input from ATI Advisory details the significant financial impact Medicare drug price negotiations will have on LTC pharmacies that provide essential, government required services to more than two million seniors and others in long-term care.
-
Senior Care Pharmacy Coalition Congratulates Kentucky Congressman Guthrie on Becoming Chairman of the Powerful House Energy and Commerce Committee
The Senior Care Pharmacy Coalition (SCPC), the leading national voice for the long-term care pharmacy community, released the following statement today to congratulate Congressman Brett Guthrie on being selected as Chairman of the House Energy and Commerce Committee. “We congratulate Kentucky Congressman Brett Guthrie for being selected Chairman of the House Energy and Commerce Committee,” […]
-
Senior Care Pharmacy Coalition & “Save Senior Rx Care” Release Statement in Support of Rep. Buddy Carter’s ongoing push for PBM Reform in 2024
The Senior Care Pharmacy Coalition (SCPC), the leading national voice for the long-term care (LTC) pharmacy community, and the Save Senior Rx Care campaign released a statement commending Congressman Buddy Carter’s push for PBM Reform in 2024: “SCPC is thankful for champions like Congressman Buddy Carter, Senator James Lankford, and the 14 other members who participated in […]
Stay in the Know
Get the latest news and updates on issues impacting the long-term pharmacy community.