Washington D.C. (PRWEB) May 06, 2014
Legislation to exempt drugstores from certain safety and performance standards (S.3995-B and A.5723-B) raises patient safety concerns and, according to a new study, could increase prescription drug costs by $392 million in 2015 and $6 billion over the next decade. The study was conducted by the health research firm Visante for the Pharmaceutical Care Management Association (PCMA).
The legislation would eliminate public and private health plans’ ability to utilize mail-service and specialty pharmacies to effectively avoid medication errors, promote generics, improve adherence, and administer biologic medicines that can be injected or delivered intravenously. A recent national survey of physicians who prescribe specialty medications found that just 5% believe that all drugstores “have the expertise and capability to provide the different types of specialty medications to patients.”
“New, more complex medicines come to market every day and not all drugstores are equipped to safely administer every one of them. Forcing plans to ignore this basic reality puts patients at risk and raises premiums,” said PCMA President and CEO Mark Merritt.
Major findings from the Visante study include:
(Click here to read the study)