According to the pharmacy benefit managers’ trade association:
Medicare prescription drug plans (PDPs) achieved higher-than-expected savings of 29 percent during 2006 and are on track to save Medicare and its beneficiaries $469 billion over the 2006-2015 period if current performance is maintained, according to a new analysis from PricewaterhouseCoopers (PwC) released today by the Pharmaceutical Care Management Association (PCMA). To build on the success of Part D, PCMA also outlined a four-point plan for reforms that could generate additional savings for working families, seniors, and private and public programs.
Glad to hear it’s working for somebody. Doughnut (hole), anyone?