|Legislative & Regulatory News
CMS issues final rule to clamp down on Medicare fraud
The CMS on Tuesday issued a final rule intended to combat Medicare fraud and save the U.S. almost $1.6 billion in costs over a decade. A Government Accountability Office report, however, said that more needs to be done and pressed the CMS to run pre- and post-payment claims evaluations and to address program vulnerabilities. Healthcare IT News
GOP report: PPACA will raise costs
The PPACA will raise the cost of health care through higher taxes, fees and administrative requirements, according to a report compiled by House Energy and Commerce Committee staff with input from corporate members of a presidential jobs panel. Democrats dismissed the report as partisan and pointed to other corporations that have said the law will not have a negative effect. The report also says some large companies are being urged by consultants to cut health coverage in 2014 and shift workers instead to state-run exchanges. Reuters
(4/26), The Wall Street Journal (tiered subscription model)
PCMA is the national association representing America's pharmacy benefit managers (PBMs), which administer prescription drug plans for more than 216 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.
Vice President, Strategic Communications
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