Wal-Mart Testing Direct Pharmacy Price Negotiation With Employer Plan
Wal-Mart is negotiating pharmacy prices directly with the employee health plan operated by construction equipment manufacturer Caterpillar in a pilot program scheduled to run through 2009
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Pilot project will launch in 2017, aiming to share data and best practices to control health care costs and create better outcomes.
Wal-Mart plans prescription drug claims management initiative with a select number of employers in 2008.
With enactment of the drug pricing reform provisions in the Inflation Reduction Act, stakeholders now turn their attention to the implementing regulations that will be developed by the Centers for Medicare and Medicaid Services.