News from senior care pharmacy coalition A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Nov 29, 2018, 16:36 ET Completion of CVS Health-Aetna Merger Underscores Importance to Seniors of Scrutinizing Proposed CMS Drug Pricing Rule

Commenting on the completion of CVS Health's acquisition of Aetna -- which establishes a massive entity combining health insurance, provider and...


Nov 27, 2018, 14:13 ET SCPC Expresses Concern: Proposed CMS Rule Threatens Seniors' Access to Essential Medications, Further Undermines LTC Pharmacy Economic Viability

he Senior Care Pharmacy Coalition (SCPC) today said its initial review of the Centers for Medicare and Medicaid Services (CMS) proposed changes to...


Jul 18, 2018, 11:09 ET New Report: Generics, Not PBMs, Key Driver of Lower Prescription Drug Spending

Despite the public relations battle cry among pharmacy benefit managers (PBMs) that they are the primary causal drivers of lower prescription drug...


Jul 17, 2018, 11:14 ET National LTC Pharmacy Group to HHS: Eliminate All POS and Post-POS Fees, Charges, Adjustments Paid by Pharmacies to PDPs/PBMs

In response to the Trump Administration's initiative seeking comprehensive stakeholder ideas and input to address soaring consumer drug prices and...


Jul 10, 2018, 13:17 ET SCPC to Work with Senate to Advance Provision Recognizing Unique Status, Medication Needs of Hospice, Long Term Care (LTC) Patients

In praising passage of HR 6, which includes dozens of bills to fight the nationwide epidemic of opioid abuse, the Senior Care Pharmacy Coalition...


Jun 21, 2018, 10:27 ET SCPC: CVS-Aetna Back in Spotlight as AT&T-Time Warner Merger Cleared

With the proposed merger between AT&T and Time-Warner cleared last week by a federal judge, the Senior Care Pharmacy Coalition (SCPC) warned the...


May 31, 2018, 01:38 ET In Urging Congress to Adopt Statutory Long-Term Care (LTC) Pharmacy Definition, Analysis Finds Specific Legislation "Unlikely to Have Significant Budgetary Effects"

In focusing attention on the significant value-added services provided by long-term care (LTC) pharmacies and the resulting clinical benefits accrued ...


May 10, 2018, 05:44 ET In Advance of Trump Drug Pricing Speech, National LTC Pharmacy Advocacy Group Praises Administration for Driving Reform Discussion

In advance of President Trump's expected Friday presentation on drug pricing, the Senior Care Pharmacy Coalition (SCPC) praised the Administration...


Apr 10, 2018, 10:31 ET SCPC Praises CMS Recognition of Unique Characteristics of LTC Patient Population

Commenting broadly on the Center for Medicare and Medicaid Services' (CMS) Final Rule modifying Medicare Part D regulations as well as the Final Part ...


Mar 07, 2018, 04:14 ET SCPC Applauds FDA Commissioner Gottlieb's Comments Saying PBMs Complicit in "Kabuki Drug-Pricing Constructs" and "Rigged Payment Scheme"

The Senior Care Pharmacy Coalition (SCPC) today praised Federal Drug Administration (FDA) Commissioner Scott Gottlieb's pointed comments at an annual ...


Feb 27, 2018, 02:19 ET SCPC: CVS-Aetna Merger Proposal Emblematic of Growing Arms Race to Consolidate, Control Consumer Access to Health Care, Prescription Drugs

The Senior Care Pharmacy Coalition (SCPC) today said the proposed merger between pharmacy giant CVS Health and health insurer Aetna represents a...


Feb 12, 2018, 01:16 ET National LTC Pharmacy Group Praises Trump White House Report Targeting PBM "Lack of Transparency"

The Senior Care Pharmacy Coalition (SCPC) today praised a new report from the President Trump's Council of Economic Advisors (CEA) that continues the ...


Jan 24, 2018, 11:39 ET Senior Care Pharmacy Coalition (SCPC) Slams PBM Industry Attempt to Hide Behind Non-Interference Clause to Sustain Anti-Competitive Price Gouging

Commenting further on the Centers for Medicare & Medicaid Services (CMS) Medicare Parts C and D Proposed Rule, the Senior Care Pharmacy Coalition...


Jan 23, 2018, 03:09 ET National LTC Pharmacy Group Urges CMS to Prohibit PBM Pharmacy Fees -- Not Reform Them

In submitting comments to the Centers for Medicare & Medicaid Services (CMS) regarding the Medicare Parts C and D Proposed Rule and related request...


Dec 13, 2017, 11:53 ET SCPC Outlines PBM Reforms Needed to Protect Consumers, Elderly Patients, LTC Pharmacies

In thanking House Energy and Commerce Health Subcommittee Chairman Mike Burgess, M.D. (R-TX), Ranking Member Gene Green (D-TX) and the entire panel...


Dec 12, 2017, 14:22 ET New Report on Prescription Drug Costs: PBMs "Rife with Potential Conflicts of Interest"

In thanking U.S. Senate Health, Education, Labor and Pensions (HELP) Committee Chairman Lamar Alexander (R-TN) and Ranking Member Patty Murray (D-WA) ...


Dec 12, 2017, 09:35 ET New SCPC Comments to FTC Detail Steps to Foster Competition in Pharmaceutical Pricing and Supply Chain

In the wake of issuing new comments to the Federal Trade Commission (FTC) detailing steps to foster more competition in the prescription drug...


Nov 28, 2017, 13:06 ET National LTC Pharmacy Group Praises Proposed CMS Rule for Recognizing PBM Abuses, Proposing Ways to Stop Them

The Senior Care Pharmacy Coalition (SCPC) today praised the newly proposed CMS rule (Contract Year 2019 Policy and Technical Changes to the Medicare...


Nov 16, 2017, 10:56 ET SCPC: National Pharmaceutical Council (NPC) Survey Spotlights PBM Credibility, Trust Deficit

Commenting on a new National Pharmaceutical Council (NPC) survey of employers finding just one-third rate their pharmacy benefit manager (PBM) as...


Nov 14, 2017, 10:28 ET Nation's Independent Long Term Care Pharmacies Commend Administration for Nomination of Alex Azar II for Secretary of the U.S. Department of Health and Human Services

The Senior Care Pharmacy Coalition (SCPC) – the leading non-profit advocacy organization dedicated to representing the exclusive legislative and...


Oct 27, 2017, 12:30 ET CVS-Aetna Merger Proposal Emblematic of Growing Arms Race to Consolidate, Control Consumer Access to Health Care, Prescription Drugs

The Senior Care Pharmacy Coalition (SCPC) today said the proposed merger between pharmacy giant CVS Health and health insurer Aetna represents...


Oct 20, 2017, 11:46 ET SCPC: New Anthem PBM Serviced by CVS Perpetuates Oligopolistic, Anti-Consumer Shell Game

Commenting on health insurer Anthem's announcement that it will launch its own "in house" pharmacy benefit manager (PBM) to be managed by CVS Health...


Oct 17, 2017, 13:24 ET Solutions to PBM Pricing Abuses Must Address Entire Drug Supply Chain

In detailed written testimony submitted to the Health, Education, Labor and Pensions (HELP) Committee regarding today's hearing on the prescription...


Oct 16, 2017, 12:40 ET SCPC: Another New Study Details Pharmacy Benefit Manager (PBM) Pocketing Rebates as Profits - Not Passing on to Patients Through Lower Premiums

With a Health, Education, Labor and Pensions (HELP) Committee hearing scheduled tomorrow surrounding the prescription drug distribution chain and its ...


Oct 03, 2017, 01:25 ET SCPC: New Study of Medicare "DIR" Fee Legislation Helps Demonstrate PBMs as Bad Actors Across Full Spectrum of Transactions

The Senior Care Pharmacy Coalition (SCPC) today praised a new study by the Wakely Consulting Group finding the elimination of "clawbacks" Medicare...