TITLE

Pharmacists livid and desperate over AMP rule

AUTHOR(S)
Paul, Reid
PUB. DATE
August 2007
SOURCE
Drug Topics;8/6/2007, Vol. 151 Issue 15, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the implementation of the average manufacturer price (AMP) reimbursement rule for Medicaid generic drugs by the Centers for Medicare & Medicaid Services (CMS). The rule states that drug prices in the Medicaid program will be reimbursed at two hundred fifty percent of the AMP. Effects of the rule include the potential loss of business for some pharmacies and patients not receiving the prescribed drugs. Several pharmacy organizations expressed their concerns over the new rule, including the Coalition for Community Pharmacy Action by the National Community Pharmacists Association and the National Association of Chain Drug Stores. Several pharmacies and individuals are lobbying for Congress to change the rule.
ACCESSION #
26485733

 

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