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Article: State Medicaid programs overpay for generics
- Article from:
- Formulary
- Article date:
- April 1, 2002
- Author:
CopyrightCopyright Advanstar Communications, Inc. Apr 2002. Provided by ProQuest LLC. (Hide copyright information)
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news in brief
State Medicaid programs overpay for generics-A government audit has concluded that the federal Centers for Medicare and Medicaid Services (CMS) should require states to bring their pharmacy reimbursements for generic drugs "more in line" with the drugs' true acquisition costs.
The audit, from the HHS Office of Inspector General, found that many state Medicaid programs substantially overpay pharmacies for generic drugs. While the ...