The CMS approved Washington's plan to implement a subscription model with makers of expensive hepatitis C drugs for its Medicaid program. Under the model, the state would pay a fixed annual amount to a drugmaker in exchange for unlimited supply of hepatitis C medications.
House Speaker Nancy Pelosi, D-Calif., said she has heard the complaints of the Congressional Progressive Caucus and will make changes to her drug pricing plan, which includes requiring Medicare to negotiate prices on a minimum of 25 drugs annually. Pelosi said she would increase the number of drugs up for negotiation to around 250, according to lawmakers who met with the Speaker.
The Trump administration issued a final rule allowing employees to use tax-free health reimbursement arrangements to purchase health insurance coverage in the individual market with certain limitations starting next year. The rule, issued Thursday, will also permit employers that offer health insurance coverage to provide a special HRA funded at up to $1,800 per year to reimburse employees for short-term health plans, which do not comply with the Affordable Care Act.
EpiPens and other epinephrine autoinjectors might continue to work months after their labeled expiration date, researchers report in the Journal of Allergy and Clinical Immunology: In Practice, and the finding could save patients money. Autoinjectors contained 100% of the original dose six months after expiration and 95% of the original does one year after expiration.
Amgen's Kanjinti, or trastuzumab-anns, a biosimilar version of Roche's Herceptin, or trastuzumab, has been approved by the FDA. The drug is indicated for the treatment of patients with HER2-overexpressing breast cancer and HER2-overexpressing metastatic gastric or gastroesophageal junction adenocarcinoma.
PCMA is the national association representing America's pharmacy benefit managers (PBMs), which administer prescription drug plans for more than 266 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.
Contact PCMA Charles Cote
Vice President, Strategic Communications