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.
Senior Care Pharmacy Coalition Provides Comments on Improving Care for Dually Eligible Enrollees
The Senior Care Pharmacy Coalition (SCPC), the only Washington-based organization exclusively representing the interests of long-term care (LTC) pharmacies, has responded to a Request for Information issued by a bipartisan group of Senators led by Senator Bill Cassidy (R-LA) regarding policy recommendations to improve care for enrollees dually eligible for Medicare and Medicaid programs (dual eligibles) and substantially reduce the amount of money both programs otherwise would expect to spend over time.
Let’s improve LTC pharmacy policy in the home
Across all cultures and generations, caregivers have long served an integral role supporting the health of family members’ or friends in need of long-term care (LTC). In many cases, these caregivers are unpaid individuals without formal training — often a spouse, partner, family member, friend or neighbor.
Rosenbloom: Curb PBMs’ power
Despite the purported value of pharmacy benefit managers (PBMs), drug prices remain unaffordable for many Americans (“Prescription drug pricing reform must rein in pharmacy benefit managers,” Web, Oct. 18). As middlemen between the manufacturers, pharmacies and consumers, PBMs are notorious for abusive business practices that impact both patients’ wallets and their access to prescription drugs, while gouging unaffiliated pharmacies.
Stay in the Know
Get the latest news and updates on issues impacting the long-term pharmacy community.