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PBM Reform is coming to Pennsylvania - PPN Episode 745

PBM Reform is coming to Pennsylvania - PPN Episode 745

FromPharmacy Podcast Network


PBM Reform is coming to Pennsylvania - PPN Episode 745

FromPharmacy Podcast Network

ratings:
Length:
22 minutes
Released:
Dec 19, 2018
Format:
Podcast episode

Description

PolitiTalkRx Welcomes Pennsylvania Auditor General Eugene DePasquale to the Pharmacy Podcast Network discussing PBM Reform efforts in 2019. 
A Pennsylvania report examining the role of pharmacy benefit managers (PBMs) in the state called for more transparency in how they do business managing Medicaid prescriptions.
Auditor General Eugene DePasquale said he wanted action to reduce Medicaid prescription costs and called for legislation to:

Allow Pennsylvania to directly manage its prescription drug benefits instead of contracting with healthcare managers to do so
Increase transparency into PBM pricing practices
Allow state oversight of PBM contracts
Require a flat-fee pricing model so that the state pays PBMs only for services rendered

In 2017, Pennsylvania taxpayers paid $2.86 billion to PBMs for Medicaid enrollees, according to the state Department of Human Services, an increase of 100% in 4 years, up from $1.41 billion in 2013.
Pennsylvania Auditor General Calls for Action on PBMs
https://www.ajmc.com/newsroom/pennsylvania-auditor-general-calls-for-action-on-pbms 
Auditor General DePasquale Demands Increased Oversight of Pharmacy Benefit Managers that Impact Drug Prices
https://www.paauditor.gov/press-releases/auditor-general-depasquale-demands-increased-oversight-of-pharmacy-benefit-managers-that-impact-drug-prices 
Released:
Dec 19, 2018
Format:
Podcast episode

Titles in the series (100)

In March of 2009, Todd S. Eury, launched the Pharmacy Podcast Show. Over the years, the Pharmacy Podcast has accumulated over 75,000+ listeners and subscribers and is the most popular and downloaded podcast about the Pharmacy Industry. The Pharmacy Podcast Show transformed into the Pharmacy Podcast Network (PPN) in 2014 and will continue to collect the thought leading interviews with some of the most brilliant minds in Pharmacy with over 30 co-hosts. The PPN is a Digital Health Publication and Content Developing partner to the Pharmaceutical industry focusing on Specialty medications, pharmacy business supportive technologies, and industry trends. The PPN is the world's largest network of podcasts dedicated to the pharmacy professional and industry insiders leading with our hosts interviewing dynamic people in the pharmacy industry making a difference for our profession, customers, and patients. The definition of “Innovation” is: A new method, idea, product, or process. Processing, implementing, operating, or designing beyond the status-quo. Pharmacists are the HUB of Healthcare & the PPN is the Pharmacist's biggest fan.