State Medicaid programs spent $329 million more than necessary by allowing certain prescriptions for brand-name drugs to be filled instead of generics in 2009, a conservative think tank said this week.
Medicaid paying 32% less than Medicare Part D for medications
By
Elizabeth Newman
Jul 03, 2014
Medicaid is paying the lowest average price for 78 high-use and high-expenditure brand-name and generic drugs, a new federal report finds.
Federal nursing home spending gains speed while overall healthcare spending slows
Jan 06, 2009
Federal spending on nursing home and home health accelerated in 2007, even as overall healthcare spending grew at the slowest rate since 1998, according to a new spending report issued today by the Centers...
Also in the news for Wednesday, January 28
Jan 28, 2015
Longevity gene related to planning and decision-making…Indiana to expand Medicaid…
Penn researchers identify molecule related to diabetes and wounds
Medicaid savings possible with WHO essential medication list, study reveals
Jun 21, 2011
State Medicaid programs could lower costs by consulting the World Health Organization’s concept of “essential medicines” when determining which drugs to offer beneficiaries, a new study...
President’s budget proposal cuts Medicaid payments to providers by $28.8 billion over 10 years
Feb 15, 2011
President Obama released his $3.7 trillion budget for FY 2012 Monday, and it would lower Medicaid payments to healthcare providers by $28.8 billion over 10 years.
CMS is two weeks late issuing report on fraud prevention efforts
By
McKnight's Staff
Oct 17, 2012
Two Republican Senators want to know why the Centers for Medicare & Medicaid Services is two weeks overdue in issuing a report on the agency’s fraud prevention system (FPS).
Medicaid drug costs are much lower than Medicare Part D costs, report finds
Aug 17, 2011
Medicaid’s net unit drug costs are much lower than costs under Medicare Part D, which is attributed to higher Medicaid rebates for brand name medications, according to a new report.
Obama reiterates need to pass economic stimulus bill
Feb 05, 2009
As the Senate works to amend the economic stimulus bill, President Obama has indicated that he will go only so far in compromising with Republican critics of the legislation.
Obama budget calls for Medicare cuts for SNFs, penalizes rehospitalizations
Feb 14, 2012
While President Obama’s proposed 2013 budget contains expected Medicare cuts, long-term care groups have expressed their disappointment. Among other proposals, the American Health Care Association...