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August 15, 2012
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News for the PBM Industry

  Legislative & Regulatory News 
  • Mo. is lone holdout on prescription drug monitoring
    Every state except Missouri has adopted a program to help curb prescription drug abuse, says White House Office of National Drug Control Policy Director Gil Kerlikowske. A bill to monitor sales of commonly abused drugs stalled in that state's Senate after Republican Sen. Rob Schaaf, a physician, opposed it on the grounds that it would violate patients' privacy rights. The Washington Post/The Associated Press (8/14) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  • Big Pharma overestimates brand power in emerging markets
    Multinational drugmakers operating in emerging markets are making competitors' off-patent products, partnering with or taking over local companies and letting wholesalers market for them, says former Pfizer senior executive Amal Naj. Major shifts in the drug industry "favor manufacturers that can produce high-quality products with the lowest cost," Naj says. Blog (8/14) LinkedInFacebookTwitterEmail this Story
  Opinion, Commentary & Analysis 
  • Both sides are right and wrong on Medicare claims
    Republican vice presidential candidate Paul Ryan's plan would "end Medicare as we know it," as President Barack Obama's campaign claims, by raising the eligibility age and giving seniors the option of using vouchers to buy private health insurance. Obama, a Democrat, has cut more than $700 billion from the program, as Republican presidential contender Mitt Romney says, by scaling back subsidies to Medicare Advantage plans and reducing payments to some health care providers. Politico (Washington, D.C.) (8/14) LinkedInFacebookTwitterEmail this Story
I see nothing in space as promising as the view from a Ferris wheel."
--E.B. White,
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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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