Article: Rx discount cards will hurt pharmacies, CMS chief admits

Tom Scully won't deny it: When drug costs shift, people get hurt. And he is perfectly candid about who gets hurt if President George W. Bush's proposed prescription discount card for seniors becomes a reality. Chain and community pharmacies will take a blow, as will drug companies.

But not everyone gets clobbered-- pharmacy benefit managers will capture more business. So be it, declared, in essence, the administrator of the Centers for Medicare and Medicaid Services (CMS) in an address at a Pharmaceutical Care Management Association meeting in Washington, D.C., last month.

"I don't blame pharmacists for being upset," said Scully. "They make their best margins on uninsured seniors who walk ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!