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Article: PCMA: House Government Reform Committee Minority Analysis ofMedicare Drug Benefit Savings 'Flawed & Misleading'
- Article from:
- U.S. Newswire
- Article date:
- November 22, 2005
CopyrightCopyright 2005 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, Nov. 22 /U.S. Newswire/ -- Refuting a new Medicare
drug benefit analysis released today by the minority staff of the
House Government Reform Committee, seniors enrolling in the new
Medicare prescription drug benefit are seeing substantial discounts -
- an average of 31 percent at retail and 45 percent at mail -- on the
25 most commonly used drugs by seniors, according to a recent survey
conducted by the Pharmaceutical Care Management Association (PCMA).
PCMA is the national association representing America's pharmacy
benefit managers (PBMs).
"PCMA's recent survey makes clear that Medicare PDPs are providing
America's seniors with deep discounts on the prescription drugs they ...