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February 6, 2013
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News for the PBM Industry

  Featured Stories 
  • 2 lawmakers reintroduce bill to ban patent settlements
    Sens. Amy Klobuchar, D-Minn., and Chuck Grassley, R-Iowa, reintroduced legislation that would prohibit settlements between drugmakers that block the entry of generic treatments. "I have long supported efforts to crack down on this behavior and the recent rise in [patent settlements] underscores the need for legislation to help make sure people have access to the drugs they need at a price they can afford," Klobuchar said. Generic Pharmaceutical Association CEO Ralph Neas said the measure lacks enough support to get through Congress and that despite the arguments against them, "patent settlements save." Reuters (2/5) LinkedInFacebookTwitterEmail this Story
  Legislative & Regulatory News 
  • CBO scales back ACA health coverage estimates
    The Congressional Budget Office now predicts 27 million people will gain health insurance by 2017, compared with earlier CBO estimates of up to 34 million people. Additionally, up to 8 million people will lose the employer-sponsored health insurance they now have, compared with a previous estimate of 3 million. Fewer people than initially thought will be covered through Medicaid as some governors refuse to expand eligibility under the Affordable Care Act, but some people who lose their insurance will obtain a new policy via public exchanges, the CBO said. Bloomberg (2/5) LinkedInFacebookTwitterEmail this Story
  • HHS secretary calls for acceptance of new payment models
    HHS Secretary Kathleen Sebelius called for wider acceptance of new payment models among health care providers, adding that the models can help curb the fast rise of health care costs and spending. Sebelius also praised changes in Medicare and Medicaid coverage, saying, "History shows that innovations in how we pay for care often can begin with Medicare and then spread to the private insurance industry." MedPage Today (free registration) (2/4) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  • FDA seeks ways to reward quality
    The FDA is considering developing a quality scorecard for drug manufacturers in an effort to prevent quality problems that have contributed to recent drug shortages, according to an article in Clinical Pharmacology & Therapeutics by FDA officials Janet Woodcock and Marta Wosinka. Pharmalot.com/Pharma blog (2/6) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel."
--Maya Angelou,
American author and poet


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About PCMA
PCMA is the national association representing America's pharmacy benefit managers (PBMs), which administer prescription drug plans for more than 210 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.

 
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