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February 26, 2013
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News for the PBM Industry

  Featured Story 
  • PCMA: Differential cost sharing is an essential savings tool
    A coalition has asked CMS to revise a proposed rule addressing Medicaid cost sharing, but PCMA notes that tools such as differential cost sharing are important for managing utilization and costs. "With the expansion of state Medicaid programs under the Affordable Care Act, states need to design their Medicaid benefits so they can take advantage of tried and true tools to manage drug selection and usage," according to PCMA. Bloomberg BNA (subscription required) (2/28) LinkedInFacebookTwitterEmail this Story
 Registration is now open for PCMA's Specialty Pharmacy Business Forum!
The SPBF provides individuals and companies in the specialty pharmacy chain of commerce with exceptional educational and business networking opportunities. A unique aspect of the conference is "PCMA-Connect," an online networking community that will give attendees the opportunity to search for, connect, and coordinate meetings with existing and potential business customers and partners.
 

  Legislative & Regulatory News 
  • Poll: Most voters are against cuts to Medicare, Social Security
    A majority of voters feel that the federal budget should be balanced, but that cuts should come from defense spending before reductions to programs such as Medicare and Social Security, according to a survey. Sixty-nine percent of respondents opposed reducing social programs, while 49% said they would choose military spending cuts. The Hill (2/25) LinkedInFacebookTwitterEmail this Story
  • Congressional hearings on Medicare changes are set this week
    Three congressional committees will hold hearings this week on Medicare benefits as well as parts of the Affordable Care Act designed to make Medicare more effective. A House Ways and Means subcommittee will concentrate on Medicare's fee-for-service model, the Senate Special Committee on Aging will look for options to improve the program's financing and the Senate Finance Committee will assess ACA programs that are meant to reduce Medicaid and Medicare costs. Kaiser Health News/Capsules blog (2/25) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  • FDA rejects petition to block Suboxone generics, refers case to FTC
    The FDA rejected a citizen petition filed by Reckitt Benckiser that was aimed at keeping generic-drug-makers from launching copies of Reckitt's Suboxone opioid dependence treatment. The FDA also referred the case to the Federal Trade Commission after generic-drug-makers said Reckitt participated in business practices that discouraged competition. Pharmalot.com/Pharma blog (2/25) LinkedInFacebookTwitterEmail this Story
  Opinion, Commentary & Analysis 
  • Analysis: Recall could make FDA more cautious about biosimilars
    The recall of Affymax's anemia drug Omontys could prompt more caution from the FDA as it develops a pathway for the approval of biosimilar drugs, former FDA official Dr. Scott Gottlieb writes. "The agency has years of experience with biological agents that simulate red blood cell production, and the inability to ferret out the risks with Omontys is likely to underscore how hard this science remains," he writes. Forbes (2/25) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Shared joys make a friend, not shared sufferings."
--Friedrich Nietzsche,
German philosopher


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Charles Cote
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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