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Medicaid Prescription Drugs : Pricing & Policy Issues

By: Sandra Olivia Barton (Edited by)

Extended Catalogue

Ksh 36,350.00

Format: Hardback or Cased Book

ISBN-10: 1634825225

ISBN-13: 9781634825221

Publisher: Nova Science Publishers Inc

Imprint: Nova Science Publishers Inc

Country of Manufacture: US

Country of Publication: GB

Publication Date: Jun 1st, 2015

Publication Status: Active

Product extent: 114 Pages

Weight: 328.00 grams

Dimensions (height x width x thickness): 15.90 x 23.70 x 1.30 cms

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Medicaid is a federal-state entitlement program that pays for health care and related services on behalf of certain low-income individuals. Prescription drugs are an optional Medicaid benefit and all states cover outpatient drugs. States can create formularies, or lists of preferred drugs, but federal rules tend to result in comprehensive coverage, even for beneficiaries enrolled in Medicaid managed care plans. Pharmaceutical manufacturers that voluntarily participate in Medicaid are required to pay rebates to states on covered outpatient drugs, which help Medicaid receive manufacturers'' lowest or best price. States then share the rebate they receive from pharmaceutical manufacturers with the federal government. This book discusses Medicaid prescription drug pricing and policies.

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