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COA Announces Opposition to Administration Nixing Part D Rebate Rule
Community Oncology Alliance's (COA's) executive director Ted Okon has released a statement expressing disappointment over the Trump administration’s decision to abandon a proposed rule to eliminate rebates in Medicare Part D and Medicaid managed care.
Community Oncology Alliance's executive director Ted Okon has released a statement expressing disappointment over the Trump administration’s decision to abandon a proposed rule to eliminate rebates in Medicare Part D and Medicaid managed care. According to Okon, the proposed rule would have lowered drug prices for patients by ensuring they receive the benefit of negotiated drug discounts. By nixing the proposed rule, the administration has handed a gift to pharmacy benefit managers (PBMs).
In the original plan’s announcement, President Donald Trump and HHS Secretary Alex Azar acknowledged that “nearly every drug company taking a January 2019 price increase announced that all of the increase was being paid to PBMs or insurers as rebates.”
Read the full press release.
Sustaining Compassionate Trauma Care Across Communities
September 30th 2024September is National Recovery Month, and we are bringing you another limited-edition month-long podcast series with our Strategic Alliance Partner, UPMC Health Plan. In our final episode, we speak with Lyndra Bills, MD, and Shari Hutchison, MS.
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Contributor: The Diabetes Vendor Resource Guide—A Useful Directory for Employers
November 13th 2024Employees living with diabetes often face unique challenges, such as managing blood sugar levels, balancing medication, and preventing complications, all while maintaining their professional responsibilities. This condition can lead to increased absenteeism, reduced productivity, and rising health care costs.
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