PCMA praises Obama administration’s ‘passion for reducing costs’
WASHINGTON An organization representing the country’s pharmacy benefit managers heralded comments made recently by the Obama administration.
The Pharmacy Care Management Association said it shared the administration’s “passion for reducing costs” for prescription drugs and Medicare, and praised the American Recovery and Reinvestment Act, which offers incentives to physicians for adopting e-prescribing.
“For our part, pharmacy benefit managers have reduced Medicare Part D costs by 30% below government projections by encouraging more generic utilization, using more affordable delivery vehicles, such as home delivery, negotiating competitive discounts with retail pharmacies and using tools like e-prescribing to cut waste and inform doctors and patients when safer, more affordable options are available,” the PCMA stated.
Maryland offers free prescription card to residents
ANNAPOLIS, Md. Maryland earlier this week launched a new statewide discount drug card program, called the Maryland Rx Card. The program, free to all Maryland residents, will provide savings of up to 75% on prescription drugs, though savings should average roughly 30%.
The program has no restrictions to membership, including no income requirements and no age limitations, and will be accepted at more than 50,000 pharmacy locations across the country.
Novo Nordisk discusses diabetes costs, patient motivation at conference
WASHINGTON The cost of diabetes to the country and the lag in patient motivation to take action to offset it were the major themes at a conference sponsored recently by a drug maker focused on the disease.
Danish drug maker Novo Nordisk convened the conference in Washington, bringing in such speakers as American Diabetes Association CEO Larry Hausner.
Without intervention at the national and patient level, the company said, the country runs the risk of having 50 million people living with the disease by 2025.
“The growing prevalence of diabetes is having a profound effect on the health of current and future generations, as well as our national economy,” Hausner said. “We must awaken the public’s consciousness of diabetes and ensure our leaders in Congress recognize healthcare reform as their opportunity to transform the lives of all people affected by this devastating disease.”