MEDICARE MODERNIZATION ACT MEDICARE PART D DRUG PROGRAM
Two years ago the Drug Discount Card was initiated by the Administration
and, of course, was very confusing to all concerned. Now,
in January 2006, the Medicare Part D Drug Program will be made
available to the 43 million Medicare Patients throughout the
United States. This legislation was primarily written by
the Drug Manufacturers and PBM's. With that said
Be careful what you sign. If you are part of a Managed
Care Program like EPIC, Leadernet (Cardinal) or PPN (Amerisource-Bergen),
then they will review the plans and only sign off on those plans
that are beneficial to your businesses bottom-line. I you
are not part of a Managed Care Program read the contracts
carefully and beware of plans that are offering you the opportunity
to fill Rx's at AWP-23% for a 90 day supply. Some contracts
require you to "opt-out" or they will consider you
a participant at fees you cannot afford.
Checks were mailed out to 249 stores last week. The total dollars disbursed was $562,000 & the average check amount amounted to $1984. Each quarter, the figures are increasing as participation increases. We all Thank You for your participation. If you are not a member of Keystone, I hope you realize you are losing $$$$.
Our parent company, the PARD has been sending out mailings asking for your help in contacting Pennsylvania legislators about active legislation. Do not let the other guy do it for you. We must continue the fight to end Mandatory Mail-Order and to stop the Department of Welfare from initiating cuts in reimbursement. Any questions, just contact the PARD at 215-331-2826.
Sunday August 7th in Center City Philadelphia for an NCPA Town Hall meeting in reference to the new Medicare Prescription Plan. Keystone will duplicate this meeting in September/October in various regions of the State. More information to follow. HAVE A WONDERFUL SUMMER DRING PLENTY OF WATER AND USE A SUNSCREEN |