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AccessMyLibrary    Browse    M    Managed Care Weekly    DEC-04    Pharmacists inflating charges for Medicaid drugs, lawmakers say.

Pharmacists inflating charges for Medicaid drugs, lawmakers say.

Publication: Managed Care Weekly

Publication Date: 27-DEC-04
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COPYRIGHT 2004 NewsRX

2004 DEC 27 - (NewsRx.com & NewsRx.net) -- Taxpayers could save hundreds of millions of dollars a year if soaring Medicaid reimbursements for prescription medicines more closely matched pharmacists' costs, according to a congressional investigation made public December 7, 2004.

The government healthcare program for the poor spent more than $31 billion on prescription drugs in 2003, triple the amount spent 10 years earlier. The program's costs are shared by the federal...

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