tci Medicare Compliance & Reimbursement - 2004 Issue 11

Medicaid Discount Card: CMS Will Update Drug-Card Price Data Every Week

Agency releases more details on oft-misunderstood drug-card policies.When Medicare prescription-drug discount cards launch early this summer, the Centers for Medicare & Medicaid Services Web site will become a mecca for price-conscious consumers in and out of Medicare, Health and Human Services Secretary Tommy Thompson said Feb. 25. CMS will publish the current price each card offers for each drug and will update the information weekly. Thus, the Web site will "add complete transparency to the prescription-drug market," giving health plans and younger consumers, as well as Medicare beneficiaries, the knowledge needed to push for lower prices, Thompson...

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