(Washington, DC)— The Pharmaceutical Care Management Association (PCMA) issued the following statement today on new Average Manufacturer Price (AMP) legislation introduced by Senate Finance Chairman Max Baucus (D-Mont.):

“PCMA applauds Senator Baucus’ effort to remove mail-service pharmacy rebates from inclusion in AMP.

“While supportive of the exclusion of PBM retail business rebates and discounts from inclusion in the final AMP rule issued last month by the Centers for Medicare & Medicaid Services (CMS), we are concerned that mail-service and specialty pharmacy remain included. PCMA believes the legislation introduced by Senator Baucus gets us one step closer to the original intent of the Deficit Reduction Act, which was to ensure continued access to retail pharmacies while also appropriately defining retail class of trade.

“PCMA looks forward to working with Senator Baucus and other Members of Congress that have introduced similar legislation to ensure adequate Medicaid reimbursements.”

###

Contact Information:
Charles Coté 202-207-3605