tci Medicare Compliance & Reimbursement - 2005 Issue 37
Medicaid: Commission Recommendations May Save Billions
Beneficiaries may pay the price through co-pays on non-preferred drugs.States might start basing their pharmaceutical prices on the average manufacturer price rather than the average wholesale price--if Congress accepts the Medicaid Commission's recommendations.The Medicaid Commission released its first report to the Department of Health and Human Services and Congress on Sept. 1 that recommended major structural changes to the Medicaid program to achieve $11 billion in savings during the next five years. Following the Commission's public meeting in August, the members voted on a package of options to make the staggering budget cuts to the program.The...
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