Supreme Court agrees to take patent settlement case | Data on compounding group's role sought by House panel | Obama administration to enforce ACA taxes taking effect Jan. 1
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December 10, 2012
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Supreme Court agrees to take patent settlement case
Settlements of patent disputes will get a hearing before the Supreme Court. The Federal Trade Commission says the agreements stifle competition, but the drug industry says they allow generic treatments to reach consumers before patents have expired. Los Angeles Times (tiered subscription model) (12/8), The Wall Street Journal (tiered subscription model) (12/7), Politico (12/10)
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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!
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Legislative & Regulatory News
Data on compounding group's role sought by House panel
The House Energy and Commerce Committee requested information from the International Academy of Compounding Pharmacists on its role in helping pharmacies interact with federal and state regulators. The committee continues to probe a meningitis outbreak tied to tainted compounded treatments. Ten lawmakers mentioned a media report that the group told pharmacists how to "sidestep" FDA requests for samples. Reuters (12/7)
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Obama administration to enforce ACA taxes taking effect Jan. 1
A new payroll tax on high wages and levy on investment income will be enacted to fund the Affordable Care Act starting Jan. 1. Wages over $200,000 for single people and $250,000 for married couples who file taxes jointly are affected. The New York Times (tiered subscription model) (12/8)
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GAO criticizes CMS antifraud efforts
CMS employees and paid contractors often duplicate each other's Medicaid antifraud efforts, and CMS does not fully harness Medicare claims processing tools to fight fraud, the Government Accountability Office found. Politico (12/11)
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Opinion, Commentary & Analysis
Opinion: Rejecting exchanges paves the way to single-payer system
Governors who cede control of health insurance exchanges to the federal government are helping lay the groundwork for a single-payer health care system, writes former Congressional Budget Office Director Douglas Holtz-Eakin. National Review (12/6), The Hill/Healthwatch blog (12/7)
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SmartQuote
Alas for those that never sing, But die with all their music in them."
-- Oliver Wendell Holmes Sr.,
American physician, writer and poet
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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.

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