Thursday, October 1, 2009

Drug Store Groups Sue Three States Over Medicaid Reimbursement Rates.

The National Association of Chain Drug Stores, the National Community Pharmacists Association and other smaller groups filed lawsuits Wednesday in New York, California and Washington State because the Medicaid reimbursement rates are not based on how much it costs the pharmacies to buy the drugs. The three states were charged with violating the Social Security Act and failing to get the new drug prices approved as required by the Centers for Medicare & Medicaid Services.