Gottlieb: E-prescribing of controlled substances could reduce Rx drug abuse | PCMA President and CEO Mark Merritt highlights PBM solutions to address opioid crisis | PCMA applauds administration's effort to reduce opioid abuse
FDA Commissioner Scott Gottlieb said a national e-prescribing system is needed for controlled substances. Legislation -- the Every Prescription Conveyed Securely Act -- introduced by Rep. Katherine Clark, D-Mass., could help reduce prescription drug abuse and improve efforts to reduce the risk of certain prescription drugs, Gottlieb said.
HHS Secretary Alex Azar said that drugs currently covered by Medicare Part B could benefit from the negotiations carried out in Medicare Part D, adding that other proposed policies would give pharmacy benefit managers more leverage to "fight against the branded drug companies to keep those list prices down."
FDA Commissioner Scott Gottlieb said he will do everything within his authority to prevent drugmakers from "gaming the system" to thwart competition and said he wants to accelerate the generic- and biosimilar-drug approval processes.
Critics of drugmakers' copayment coupons say the coupons artificially drive demand for expensive brand-name drugs and sustain high prices, which insurers must pay. Medicare and Medicaid ban the use of copay coupons entirely, California recently banned coupons for branded drugs with a generic alternative, and Massachusetts and New Jersey are considering similar restrictions.
Nearly 8 million additional people will choose to forgo health insurance over the next eight years as a result of the repeal of the Affordable Care Act's mandate that individuals purchase insurance or face a financial penalty, according to information released by the CMS. The number of uninsured will increase from 30 million this year to 37.7 million by 2026, according to the analysis.
PCMA is the national association representing America's pharmacy benefit managers (PBMs), which administer prescription drug plans for more than 266 million Americans with health coverage provided through Fortune 500 employers, health insurance plans, labor unions, and Medicare Part D. PCMA is dedicated to enhancing the proven tools and techniques pioneered by PBMs that generate savings and access for consumers and payors.
Contact PCMA Charles Cote
Vice President, Strategic Communications