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February 15, 2013
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News for the PBM Industry

  Featured Story 
  • Lawmakers encourage 6-day home delivery
    A coalition of 88 lawmakers signed a letter urging the U.S. Postal Service to ensure prescription drugs continue to be delivered six days a week. "Consumers count on getting their prescriptions at the right time and often can't wait an additional two days, or even three days in the case of federal holidays that fall on a Monday," said PCMA President and CEO Mark Merritt. Bloomberg BNA (subscription required) (2/14) LinkedInFacebookTwitterEmail this Story
  Legislative & Regulatory News 
  • Exchanges will be ready by Oct. 1, HHS tells Congress
    HHS official Gary Cohen assured a Senate panel that all 50 state health insurance markets would meet the enrollment deadline on Oct. 1. Senators from both parties raised concerns about how affordable plans on the exchanges will be. Reuters (2/14) LinkedInFacebookTwitterEmail this Story
  • Governors continue push for hybrid Medicaid expansion
    Wisconsin Gov. Scott Walker, a Republican, rejected an expansion of Medicaid eligibility under the Affordable Care Act and instead proposed giving federal subsidies to people with incomes above the poverty line to purchase insurance from the public marketplace. Ohio Gov. John Kasich, a Republican, and Arkansas Gov. Mike Beebe, a Democrat, have asked the Obama administration to fund expansion of Medicaid eligibility to 100% of the poverty line and give people at up to 133% of the poverty line the choice between Medicaid and subsidized private insurance. Politico (Washington, D.C.) (2/14) LinkedInFacebookTwitterEmail this Story
  • Coalition: Give feds power to negotiate Medicare drug prices
    The federal government should be able to negotiate the prices of Medicare drugs, says a liberal coalition. "It's ridiculous for Medicare to be paying drug companies two and three times as much money for drugs as other countries at a time when we are cutting essential programs," the Center for Economic and Policy Research's Dean Baker said. Pharmacy benefit managers and insurers have taken on that negotiation role, drugmakers say. The Hill/Healthwatch blog (2/14) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  SmartQuote 
If you want to live a happy life, tie it to a goal. Not to people or things."
--Albert Einstein,
German-born theoretical physicist


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Charles Cote
Assistant Vice President, Strategic Communications
(202) 207-3610

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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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