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August 1,
2009
Texas Pharmacy Business Council is an organization of American Pharmacies and the Academy of Independent Pharmacists-Texas. |
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Texas 81st
legislative session success
list |
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Regulation of Rx discount
cards
PBM transparency in
state contracts
Mail order
parity | | |

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Committee agrees to PBM & MTM
amendments |
Pharmacy and our patients scored
two significant wins Friday night when a key
committee accepted amendments to HR 3200,
America's Affordable Health Choices Act of 2009.
The House Energy and Commerce Committee voted to
include pharmacy benefit manager transparency and
medication therapy management.
Friday
night's vote is the third and final House
Committee to pass healthcare reform legislation.
House leaders will now need to meld the bills
passed by the three committees before an expected
floor vote in September.
Thanks very much
for your actions on these amendments. Even if some
of our representatives voted against HR 3200, they
supported our amendments. This is a long process
to completion.
Now that all our elected officials are
headed back home, this is a perfect time for you
to introduce or re-introduce yourselves to them.
Most likely they will be concentrating on getting
an understanding of how their constituents feel
about health care reform. Attend one of their
local appearances and go shake hands. Make certain
they know you are an independent community
pharmacist and talk about the two amendments
below. Even better, try to get an appointment to
visit with your congressman. Ideally, get two or
three of your fellow indie pharmacists to go with
you.
And as usual, please let us know the
result. Click here to send us an
e-mail.
Congressman Anthony Weiner
(D-NY) submitted the PBM transparency amendment
and Congressman Mike Ross (D-AR), chairman of the
Blue Dogs' Health Care Reform Task Force, proposed
the MTM amendment..
The PBM transparency amendment is a thing
of beauty! Here is what it
covers:
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PBM's fiduciary
responsibility to its health
plans
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Provide all
financial information to health plan regarding
its enrollees
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Disclose to
health insurance plan sponsors all the rebates
and other discounts they receive from drug
manufacturers
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Prohibits PBMs
that own or are affiliated with a retail
pharmacy from sharing patient data from
competitor pharmacies with their own retail
pharmacy
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Gives patients
the right of explanation of
benefits
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Must disclose
when a patient is being switched from a lower
cost drug to a higher cost drug so the patient
(and pharmacist) can question whether the switch
is beneficial to the patient's health or being
done to increase PBM
profits.
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Allows patients
to know if they are being switched to a higher
cost brand name drug, even though a generic was
available
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PBMs must
disclose the actual reimbursement being paid to
the pharmacy for a prescription or covered
service.
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Disclosure of spread pricing-disclosure of
actual reimbursement
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The PBM must disclose
to the health plan the price paid to them
by the plan for a prescription and the
price the PBM actually paid the pharmacy for
that prescription
The
medication therapy management amendment is a boon
to our patients. Details
include:
- Identical to HR 3108 introduced
by Rep. Mike Ross (D-AR)
- More patients could benefit
from the medication therapy management (MTM)
services provided by pharmacists, especially
those with chronic medical conditions.
- Many pharmacists provide MTM
services under Medicare Part D, and we support
efforts to expand and improve those
services.
- The amendment will expand
access to MTM services and allows pharmacists to
take a more active role in controlling health
care costs while promoting optimal patient
outcomes.
- Allows pharmacists to play a
larger role in reducing improper medication use,
which has been estimated to cost $177 billion in
treatment costs annually.
Stay
tuned!
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Texas
Pharmacy Business Council Ensuring patient access to
quality pharmacy care services, the viability of
community pharmacy and the pharmacy
profession. 1001
Congress Ave., Suite 250, Austin, TX 78701
512.992.1219 Richard
E. Beck, RPh, Executive
Director
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