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November 7, 2012
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News for the PBM Industry

  Featured Stories 
  • ACA repeal is unlikely, but GOP will press for changes
    President Barack Obama's re-election eliminates the possibility of a wholesale repeal of his signature health care reform law. But Republicans, who retained control of the House, are expected to press for delaying implementation or scaling back some ACA elements during budget negotiations later this month. Also, Republican governors and Republican-controlled legislatures may refuse to expand their Medicaid programs or set up health insurance marketplaces. Reuters (11/7), The Hill/Healthwatch blog (11/6) LinkedInFacebookTwitterEmail this Story
  Legislative & Regulatory News 
  • Congress issues subpoena to hear NECC chief pharmacist
    The House Energy and Commerce Committee subpoenaed New England Compounding Center co-owner and chief pharmacist Barry Cadden to appear at a hearing on a deadly meningitis outbreak linked to contaminated drugs. "With more than 400 people infected and 30 deaths, it is critical that we hear directly from the head of the facility linked to the outbreak," according to a statement from committee Chairman Fred Upton and ranking member Henry Waxman. "Since Mr. Cadden has indicated he will not appear voluntarily, we are left with no choice but to issue a subpoena." Reuters (11/6), The Washington Times/The Associated Press (11/6) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  • Humira gets some competition
    The FDA approved Pfizer's Xeljanz (tofacitinib) to treat moderate to severe rheumatoid arthritis in adults who do not respond well to other drugs. The pill will compete with Abbott's best-selling injectable RA drug Humira. Bloomberg (11/6), PharmaTimes (U.K.) (11/7) LinkedInFacebookTwitterEmail this Story
  Opinion, Commentary & Analysis 
  SmartQuote 
Success is often just an idea away."
--Frank Tyger,
American cartoonist, columnist and humorist


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Charles Cote
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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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