NCPA Statement on Final Senate Vote to Repeal the 1099 Tax Reporting Requirement


Alexandria, Va. - April 5, 2011

National Community Pharmacists Association (NCPA) Executive Vice President and CEO Douglas Hoey, RPh, today issued the following statement in response to the U.S. Senate's approval of legislation repealing the 1099 tax reporting requirement included in the Patient Protection and Affordable Care Act of 2010:

"Community pharmacists commend Congress for passing this bipartisan legislation. This bill will allow local pharmacists to spend more time providing expert medication counseling and care to patients and less time filling out paperwork for the I.R.S. That's why NCPA has long been an active member of the Small Business Coalition for Affordable Healthcare, which has been vocal from the start in seeking legislative solutions to this potential problem.

"We applaud Senator Mike Johanns (R-Neb.), his bipartisan cosponsors in the Senate, and Representative Dan Lungren (R-Calif.) and his House colleagues for all their collective efforts to bring this important legislation to the finish line. We encourage President Obama to sign it into law in the interests of patients and healthcare providers throughout the country."

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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