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Proton Pump Inhibitors - CME Conferences

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6 th Annual Primary Care Spring Conference Thursday, April 12, 2012<br />

Medicare Closing of the “Doughnut Hole”<br />

14<br />

Prescription Drug Prices Under Negotiation In<br />

Debt Talks.<br />

• 6/21/2011 a bipartisan bill HR2248 by Peter Welch D-Vt and<br />

Jo Ann Emerson R-Mo "requiring the government to negotiate<br />

lower prescription drug prices in Medicare" has been<br />

reintroduced. Supporters say this will save up to $156 billion<br />

over 10 years without cutting into benefits. The<br />

Pharmaceutical Research and Manufacturers of America,<br />

representing drug companies, said Medicare already has drug<br />

discounts. Currently HHS is not allowed to negotiate drug<br />

costs with manufacturers; the proposed bill would require<br />

negotiation. House Democrats have supported similar<br />

measures, saying the current program results in beneficiaries<br />

paying "higher prices than they should for prescription drugs.“<br />

– S44 is the companion bill in the Senate<br />

Wayne Weart, Pharm D<br />

Cost Effective Rx

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