Pharmacy Group Floats Plan To Save US $100B In Drug Costs

Law360, New York (October 9, 2012, 6:01 PM EDT) -- A pharmacy benefits management trade group told congressional leaders Monday that it had identified debt-reducing ideas that can save the federal government more than $100 billion in prescription drug costs and help sidestep the deep cuts called for in the government's sequestration plan.

In a letter to Senate Majority Leader Harry Reid, D-Nev., and House Speaker John A. Boehner, R-Ohio, the Pharmaceutical Care Management Association highlighted possible ways to leverage greater use of pharmacy benefits management tools to save the government $100 billion over 10 years....
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