Proposal to restrict preferred pharmacy networks would raise prices and limit choices

11/25/2013 | Hill, The

The preferred pharmacy network model is an important tool that Medicare Part D plans use to keep the program affordable for consumers and taxpayers, PCMA President and CEO Mark Merritt writes. CMS officials are considering regulating the use of such networks, but the move would increase costs while restricting seniors' choices. "The bottom line is that Medicare Part D is working and preferred networks are a big part of the success story. ... Now is not the time for new health care regulations that would only increase costs, limit choices and do nothing to improve adherence," Merritt writes.

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Hill, The