Mindful of the push to balance state budgets, the NACDS and the NCPA offered to work closely with states to cut costs without endangering Medicaid beneficiaries' access to pharmacy prescription drug services.
Mindful of the push to balance state budgets, the National Association of Chain Drug Stores (NACDS) and the National Community Pharmacists Association (NCPA) offered to work closely with states to cut costs without endangering Medicaid beneficiaries' access to pharmacy prescription drug services.
In a joint letter to every governor and state Medicaid director, NACDS and NCPA outlined the importance of pharmacies to the Medicaid program and offered a series of recommendations to help states meet their budgetary goals.
"Community pharmacies play a vital role in the Medicaid program as the backbone of its drug benefit," wrote NACDS President and CEO Steven C. Anderson and NCPA Executive Vice President and CEO Kathleen Jaeger. "Local pharmacists can provide expert medication counseling and other cost-saving services that help mitigate the $290 billion that is estimated to be spent on an annual basis as the result of patients who do not adhere properly to their medication regimen."
Specific NACDS and NCPA recommendations included the following:
"Every day, community pharmacies witness firsthand the struggles that patients face in order to pay for their medications as well as the financial burden states face in attempting to provide for the needs of their Medicaid beneficiaries," wrote Anderson and Jaeger. "Community pharmacies are ready and willing to work collaboratively with CMS, individual states, and other payers to help reduce health costs."