PUTT CALLS ON VIRGINIA’S DEPARTMENT OF MEDICAL ASSISTANCE SERVICES TO RELEASE RECENTLY-DELIVERED PHARMACY BENEFITS MANAGER AUDIT REPORT
WINSTON-SALEM, NC (November 13, 2018) -- Pharmacists United for Truth and Transparency (PUTT) is disappointed to learn that Virginia’s Department of Medical Assistance (DMAS) is shielding information collected from the Managed Care Organization (MCO) and Pharmacy Benefit Manager (PBM) audit report, which was undertaken for accountability to the Commonwealth of this taxpayer funded program. PUTT calls upon DMAS to act in the interest of transparency by releasing the report’s findings immediately.
A similar report this summer in Ohio, which found taxpayers were paying an estimated $225 million to PBMs over and above the cost of Medicaid-sponsored prescriptions led to the recall of PBM contracts in that state. Reports from independent pharmacists in Arkansas and Pennsylvania led to investigations by the state’s attorney general and auditor general respectively. The $1.5 million fine assessed by the State of Kentucky for 454 reimbursement violations and 38 violations related to providing inconsistent or inaccurate information to the state’s Department of Insurance point to signs that PBMs act not in the interest of patients and taxpayers, but in their own interest.
Pharmacists United for Truth and Transparency (PUTT) members are concerned by recent reports that the Department of Justice will not challenge the upcoming CVS Aetna merger and call on consumers, patients, healthcare providers and taxpayers to stand with us in vigorously voicing opposition to this extremely troublesome acquisition.
Pharmacists United for Truth and Transparency Endorses President Trump’s Plan for Drug Pricing Reform and Promise to “Put American Patients First”
Pharmacists United for Truth and Transparency (PUTT) welcomes and enthusiastically endorses President Trump’s plan for prescription drug pricing reform.
Putt Calls Out Illinois Governor Bruce Rauner for Misinformed Statements About Independent Pharmacy During National Small Business Week
Pharmacists United for Truth and Transparency (PUTT) is calling on Illinois Governor Bruce Rauner to reconsider his statement earlier this week at an event ...