Wednesday, February 19, 2014

Follow the money in new report on drug spending

Posted By on Wed, Feb 19, 2014 at 9:04 AM

Something called the National Center for Policy Analysis has released a study (purely coincidental to legislative discussions of Medicaid expansion) that says Arkansas is overspending on drugs in its Medicaid program because of too-high dispensing fees for retail pharmacists, a failure to have group negotiation with drug companies and insufficient use of cheaper generics. 

Unfamiliar with NCPA? From Sourcewatch:

The National Center for Policy Analysis (NCPA) is a free market think tank primarily funded by private foundations established by wealthy conservative business families and billionaires, including Charles and David Koch. It is a "communications and research foundation dedicated to providing free market solutions to today's public policy problems ... [and] prides itself on aggressively marketing its products for maximum impact by 'targeting key political leaders and special interest groups, establishing on-going ties with members of the print and electronic media, and testifying before Congress, federal agencies, state lawmakers, and national organizations.'" 

... NCPA has ties to the American Legislative Exchange Council (ALEC). 

As I understand it, some of the push to change Arkansas's system can be traced to profit-making pharmacy benefit managers, middlemen who pocket money from overseeing drug programs, often at the expense of small-town pharmacists. Drug prices in Arkansas are pegged to wholesale price and the dispensing fee is also based on an audited figure.

Tags: , , , , ,

From the ArkTimes store

Favorite

Speaking of...

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Max Brantley

Readers also liked…

Most Shared

Visit Arkansas

Brant Collins named Group Travel Manager for Arkansas Department of Parks and Tourism

Brant Collins named Group Travel Manager for Arkansas Department of Parks and Tourism

Collins to work toward increasing visitation to Arkansas by groups and promoting the state's appeal

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation