Experts discuss ways to boost Rx adherence | House panel probes CMS anti-fraud efforts | CBO cuts cost estimate for closing Part D coverage gap
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November 30, 2012
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Experts discuss ways to boost Rx adherence
Health plan managers and researchers are trying various ways to get patients to take medications as prescribed, including reminders and even free prescriptions, according to experts involved in a National Coalition on Health Care panel discussion on the topic. MedPage Today (free registration) (11/29)
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Legislative & Regulatory News
House panel probes CMS anti-fraud efforts
CMS has had some success in rooting out fraud and abuse but has not made use of all available tools, House Energy and Commerce Health Subcommittee members said this week. Speaking at a hearing, a WellPoint official outlined the company's efforts to track prescriptions for controlled substances that have reportedly saved "many millions of dollars." MedPage Today (free registration) (11/29)
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CBO cuts cost estimate for closing Part D coverage gap
The cost to close Medicare's prescription drug coverage gap will be closer to $51 billion, rather than the previously estimated $86 billion, because closing the so-called doughnut hole will lower overall Medicare spending, the Congressional Budget Office said. Politico (5/7)
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PBM Industry News
Effects of lost Express Scripts business linger at Walgreen
Though Walgreens pharmacies have returned to the Express Scripts network, about 60% of the customers the drugstore chain lost in the dispute might stick with rival CVS, analyst Barry Cohen writes. Seeking Alpha (free registration)/Stock Traders Daily (11/29)
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Drug Industry Spotlight
Mylan gets FDA nod for generic Detrol
Mylan received regulatory approval for its tolterodine tartrate tablets in 1-mg and 2-mg strengths to treat overactive bladder. The drug is the generic formulation of Pfizer's Detrol. Drug Store News (11/29)
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SmartQuote
The robbed that smiles, steals something from the thief."
-- William Shakespeare,
British playwright
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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 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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