Alexandria, Va. - June 23, 2011
The National Community Pharmacists Association (NCPA) today submitted testimony for the U.S. Senate Finance Committee's "Hearing on Health Care Entitlements: The Road Forward," where key stakeholders and health care providers offered recommendation for responsibly reining in the costs of federal health programs like Medicare and Medicaid in the face of growing federal deficit concerns. NCPA focused on combating wasteful spending and capitalizing on proven cost-saving measures through legislation that focused on:
"Everyone is justifiably concerned with the ballooning costs of Medicare, Medicaid and other federal health programs," said NCPA Executive Vice President and CEO B. Douglas Hoey, RPh, MBA. "NCPA fully supports the Senate Finance Committee's efforts to find meaningful solutions for eliminating waste and generating more savings, without undermining patient care. Community pharmacists stand ready to help achieve that goal, which is more likely if their clinical expertise and patient-focused approach are properly incorporated."
Hoey added, "Our testimony calls for more choice and pharmacy competition, increased access to cost-saving pharmacist counseling and reforms the practices of major PBMs that have triggered consistent claims of fraud and deceptive conduct. By passing the Pharmacy Competition and Consumer Choice Act, the Medication Therapy Management Empowerment Act, and the Medicare Diabetes Access to Care Act, Congress can bend the cost curve downward without sacrificing care for millions of Americans."
The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 23,000 independent community pharmacies, pharmacy franchises, and chains. Together they represent a $93 billion health-care marketplace, have more than 315,000 employees including 62,400 pharmacists, and dispense over 41% of all retail prescriptions. To learn more go to www.ncpanet.org or read NCPA's blog, The Dose, at http://ncpanet.wordpress.com.
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