Thursday, February 22, 2018
 
 
Company News: Page (1) of 1 - 02/09/18 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
PCMA Statement on Health Care Proposals Reportedly Included in the Administration's 2019 Budget Preview
 
(February 09, 2018)

WASHINGTON, Feb. 9, 2018 /PRNewswire-USNewswire/ -- The Pharmaceutical Care Management Association (PCMA) released the following statement on health care proposals reportedly included in the Administration's proposed 2019 budget:

"While it's unclear what impact last night's White House 2019 budget preview will have given this morning's budget deal, PCMA supports many of the proposed budget provisions, including those that promote generics and address high drug prices in Medicare Part B and Medicaid.



While there's also a proposal to require Medicare Part D plans to use rebate savings to lower out-of-pocket costs instead of premiums and other expenses, this runs contrary to the Administration's goal to reduce drug costs.  It would raise premiums for all seniors, help only 10 percent who take certain drugs, and do nothing to improve things for low-income seniors, who already pay no cost sharing in Part D.

As CMS recently found, mandating rebates at point of sale would also create a $29 billion windfall for drugmakers and raise costs for taxpayers by $82 billion."

PCMA is the national association representing America's pharmacy benefit managers (PBMs). PBMs administer prescription drug plans for more than 266 million Americans who have health insurance from a variety of sponsors including: commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, the Federal Employees Health Benefits Program (FEHBP), state government employee plans, Medicaid plans, and others.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/pcma-statement-on-health-care-proposals-reportedly-included-in-the-administrations-2019-budget-preview-300596453.html

SOURCE Pharmaceutical Care Management Association

Copyright 2014 PR Newswire. All Rights Reserved


Page: 1


Related Keywords:Medicine,Insurance,Surgery,Medication,Seniors Health,Seniors,Insurance Companies,Science,Medical,Other,
Related Sites: DMN Newswire ,   HTN - Health Technology Net
Related Newsletter: Tutorial Finder ,   Review Seeker ,   DMN Newswire Newsletter
 
 
 
 
 
 
 
Seniors

Drugs
  • SourceLink Partners with MassMedia Health to Provide Medicare Age-In Data to Healthcare Groups
  • U.S. Nebulizer Market Size Worth $435.5 Million By 2025 | CAGR 6.2%: Grand View Research, Inc.
  • Global Cables and Leads for Medical Equipment Industry
  • Pain Management Devices Market USD 5.81 Billion Revenue At 7.2 % CAGR by 2023; Exclusively Available at MarketResearchFuture.com
  • Ocular Surgery Devices Market By Application, Technology, Product, Region and Forecast 2025 - Credence Research

    Cancer
  • argenx to host conference call & webcast to report fourth quarter business update and full year 2017 financial results on March 1, 2018
  • QCCA Evolves to Become the First National Clinically Integrated Network in Oncology
  • COA: Analysis Shows Virginia Hospitals Benefit From Recent Changes In Medicare Payment
  • 2018 Global Endometriosis Strategic Business Report - Developing Regions Exhibit Immense Growth Potential
  • Cannabics Pharmaceuticals Hires Chief Data Officer to Address Industry Compliance and Utilization/Analytics Application
  •  
     
     
     
     
     





    Our Privacy Policy --- About The Health Technology - Contact Us - Advertise With Us - Privacy Guidelines