Medicaid modernization could save N.J. $806M in 10 years

05/30/2013 | NJBIZ (New Jersey)

Upgrading New Jersey's Medicaid system to allow preferred pharmacy networks, encourage higher generic-drug utilization rates and lower dispensing fees could save the state $806 million over a decade, a PCMA report found. "By upgrading Medicaid pharmacy management, New Jersey policymakers can protect patients without cutting benefits or slashing payments to doctors, hospitals and other providers," said PCMA President and CEO Mark Merritt.

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NJBIZ (New Jersey)