Medicare Part D Causes Big Drop in Medicaid Pharmacy Payments

Total payments to pharmacies by Medicaid fell by nearly 50%, from $38.5 billion in 2005 to $20.9 billion in 2006, according to an article in Health Affairs co-authored by the National Association of Chain Drug Stores’ senior economist Laura Miller.

ALEXANDRIA, Va. — Total payments to pharmacies by Medicaid fell by nearly 50%, from $38.5 billion in 2005 to $20.9 billion in 2006, according to an article in Health Affairs co-authored by the National Association of Chain Drug Stores’ senior economist Laura Miller. The article is also based on a study conducted by Miller and Brian Bruen, former policy staff member of NACDS who is now at Avalere Health in Washington. The study also found that the number of Medicaid-paid prescriptions dropped

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