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January 17, 2013
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News for the PBM Industry

  Featured Story 
  • Costco launches a PBM
    Mass retailer Costco has launched Costco Health Solutions, a pharmacy benefit manager targeting self-insured companies located close to a Costco store. Drug Channels (1/17) LinkedInFacebookTwitterEmail this Story
 Registration is now open for PCMA's Managed Markets Educational Forum!
Whether you are a seasoned managed markets executive or someone who supports the team, PCMA's Managed Markets Educational Forum will provide valuable education on fundamental, as well as complex and strategic issues relevant to professionals of all levels within pharma managed markets or market access divisions. Visit PCMA's website to learn more about our 2013 events!
 

  Legislative & Regulatory News 
  • Analysis: Medicaid expansion is supported by 22 governors
    An analysis in the New England Journal of Medicine found that at least 22 U.S. governors, including the Republican governors of North Dakota, New Mexico, Nevada and Arizona, back Medicaid expansion under the Affordable Care Act. Another 15 governors were undecided, but decisions are expected soon as they propose new budgets. Reuters (1/16) LinkedInFacebookTwitterEmail this Story
  • Some small-business owners work to avoid reaching ACA threshold
    Some small-business owners say they will not hire more employees this year because they do not want to reach the 50-employee threshold at which the Affordable Care Act will require that they offer health insurance. Some are intentionally holding down growth or hiring part-time or contract workers instead of full-time staff. The Wall Street Journal (1/16) LinkedInFacebookTwitterEmail this Story
  • HHS dives into exchange marketing with website overhaul
    HHS has relaunched its website in an effort to engage millions of uninsured Americans the agency hopes will buy health coverage under the Affordable Care Act. HHS' Jason Young said the new site was the start of a "full-throttle" effort to spread the word about exchanges. USA Today (1/16) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  • Tenn. eyes tighter regulation of sterile compounding
    The Tennessee Board of Pharmacy is considering additional regulation of the sterile compounding industry that officials say could lead to better oversight. A task force developed after an outbreak of fungal meningitis tied to a compounding pharmacy in Massachusetts has found that at least 352 pharmacies licensed by Tennessee practice compounding. A task force official said the state may adopt model regulations from U.S. Pharmacopeia and stressed the need for communication between state boards and the FDA. The Tennessean (Nashville) (tiered subscription model) (1/16) LinkedInFacebookTwitterEmail this Story
  • FDA outlines user fees for generic drug companies
    The FDA announced Wednesday that it has released user fee rates for generic-drug-makers that produce finished dosage forms and active pharmaceutical ingredients. Factories outside the U.S. will pay higher fees than domestic factories, in accordance with amendments to the Prescription Drug User Fee Act, the agency said. Drug Store News (1/16) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Admiration is a very short-lived passion that immediately decays upon growing familiar with its object; unless it be still fed with fresh discoveries, and kept alive by a perpetual succession of miracles rising into view."
--Joseph Addison,
British writer and politician


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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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