• linkedin
  • Increase Font
  • Sharebar

    Remember When: The $4 generics battle was in full swing


    Below-cost reimbursements still a concern

    Fast forward to 2016. Low-cost generics have become a staple of pharmacies. And the issue remains a top concern of community pharmacists. A 2015 survey by the National Community Pharmacists Association (NCPA) listed below-cost reimbursements for some generics and Medicare drug plans that exclude community pharmacies as the top concerns of its members.

    Earlier this year, Mississippi passed a law authorizing pharmacies to refuse to provide drugs or services if it is not paid more than acquisition cost. Those supporting the law, especially independent pharmacists, believe it will help them stay in business.

     “An independent pharmacist is a small business owner. But he or she is also a healthcare provider,” said, Robert H. Dozier, executive director of the Mississippi Independent Pharmacies Association. “At the end of the day, most pharmacists are going to take a loss instead of denying someone medication they need.” 











    Mark Lowery, Editor
    Mark Lowery an Editor for Drug Topics magazine.

    1 Comment

    You must be signed in to leave a comment. Registering is fast and free!

    All comments must follow the ModernMedicine Network community rules and terms of use, and will be moderated. ModernMedicine reserves the right to use the comments we receive, in whole or in part,in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

    • Anonymous
      The single most unprofessional trend that has ever occurred. Wal-mart should be ashamed for starting this mess of treating medication like it is some type of commodity like gasoline or milk. It has cheapened the profession and linked it to our societal lowest common denominator-------money. Lowest price wins. Thanks Wal-Mart for starting the downward death spiral.