Wednesday, June 28, 2006

Which Side Of The Bread Has The Butter?

A quiz. The Hill (06.27.06):
"The Bush administration has rejected calls by Republican lawmakers to intercede on behalf of small pharmacies engaged in a payment dispute with Medicare’s new prescription-drug plans. The agency that operates Medicare will not consider a recommendation by 41 House Republicans that it enact new requirements for how fast prescription-drug insurers pay pharmacies, a senior Medicare official said." Medicare rebuffs GOP calls for faster Part D pharmacy payments
"Independent pharmacists have been griping to Congress about long waits for payments from the companies that administer the drug program, Medicare Part D." "The small pharmacies are locked in a David-and-Goliath battle with the well-heeled and influential pharmacy-benefit managers (PBMs), which are represented by the Pharmaceutical Care Management Association (PCMA)." Did we even have to ask?


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