PR Newswire February 11, 2020
The turbulent landscape has fingers pointed in all directions; however, one Pharmacy Benefit Manager (PBM), MC-RX remains diligent is controlling costs and delivering a fresh perspective in otherwise murky waters.
GAINESVILLE, Ga., Feb. 11, 2020 /PRNewswire-PRWeb/ -- Skyrocketing prescription drug prices are enough to make you sick. Just when you thought Big Pharma prices could not get any higher, 471 medications increased an average of 5.1% in the first few days of 2020.
Politicians, lawmakers, and advocates have all stated, "Enough is enough" and vow to prompt legislature to lower drug prices "now." S. 2543, the Prescription Drug Pricing Reduction Act of 2019 (PDPRA), is a bill that proposes reductions in Medicare reinsurance payments from 80% to 20% over a three-year period. This does, however, increase insurers' shares of cost responsibility from 15% to 60%. So, what are the actual savings?