Bush Medicaid Rebate Proposal Short-Changes Providers, House Staffer Says
The Bush Administration's proposal to change the prescription drug rebate formula for Medicaid needs to take into account provider costs, House Energy & Commerce Committee General Counsel Chuck Clapton told the American Society of Consultant Pharmacists legislative conference in Washington, D.C. March 25
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The Bush Administration is proposing to tie Medicaid rebate calculations to Average Wholesale Price rather than Average Manufacturer's Price
The "Average Manufacturer Price" used as the basis for rebate calculations in Medicaid is the best alternative to AWP for reforming the Medicare prescription drug reimbursement methodology, HHS Deputy Inspector General George Grob suggested during a Sept. 21 hearing.
Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011