HHS allows five states to pool power to buy drugs for Medicaid

04/23/2004 | Wall Street Journal, The

Five states are being allowed to join forces to negotiate with pharmaceutical manufacturers for lower prices for the prescription drugs paid for by their states' Medicaid programs. The approval for Michigan, Vermont, New Hampshire, Alaska and Nevada to use their combined power to negotiate lower prices was given in advance of a Department of Health and Human Services decision to give states guidance on forming purchasing pools.

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