Thursday, November 7, 2013

8 Ways to Reduce Federal Health Spending and Improve Prescription Drug Benefits in Medicare and Medicade

1. Modernize Medicaid Pharmacy 2. Create 'Safe Pharmacies' in Part D for Controlled Prescription Drugs 3. Greater Use of Preferred and Limited Pharmacy Networks in Medicare 4. Encourage Chronic Care Pharmacy and Home Delivery in Medicare 5. Allow Medicare Plans to Negotiate Discounts on Every Brand Drug 6. Increase Cost-Sharing Incentives for Part D Low Income Subsidy (LIS) Enrollees to Use 7. Expedite the Approval of Biogenerics 8. Ban a Tax Deduction for Direct-to-Consumer (DTC) Drug Advertising Source: Pharmaceutical Care Management Association (PCMA)

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