South Carolina Signs Law to Uphold Pharmacy Reimbursements

The National Association of Chain Drug Stores (NACDS) praises South Carolina for signing into law Thursday a provision that will hold pharmacies harmless from the recent average wholesale price (AWP) First DataBank/Medi-Span settlements, and pending approval from the Centers for Medicare and Medicaid Services (CMS), sets pharmacy reimbursement at wholesale acquisition cost plus (+)12.5%.

Alexandria, Va. – The National Association of Chain Drug Stores (NACDS) here praises South Carolina for signing into law Thursday a provision that will hold pharmacies harmless from the recent average wholesale price (AWP) First DataBank/Medi-Span settlements, and pending approval from the Centers for Medicare and Medicaid Services (CMS), sets pharmacy reimbursement at wholesale acquisition cost plus (+)12.5%.

The law also calls for an adjustment to the Medicaid dispensing fee

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