Wal-Mart, CVS Caremark propose Medicaid drugs savings

A Medicaid reform commission in Alabama is mulling whether turning the drug program over to big-box chains, such as Wal-Mart, will cut costs, The Anniston Star reported. The Alabama Medicaid Pharmacy Study Commission also heard a proposal from private pharmacy benefit managers, including CVS Caremark and Express Scripts, which claimed they could save the state $30 million to $50 million by managing Medicaid drug benefits, according to the Star. Meanwhile, the commission's chairman brought another plan to the table, in which the state charges a 10-cent "provider tax" on every prescription to generate $9 million. "Rather than talking about how to cut it, ought we to be looking at the revenue side?" State Health Officer Don Williamson said. Article

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