tci Medicare Compliance & Reimbursement - 2004 Issue 14

Prescription Drug Cards: HHS Announces Rx Discount-Card Sponsors

Many health plans and PBMs hope the Rx card opens the door to big 2006 market.The Department of Health and Human Services has selected 28 companies to sponsor prescription drug discount cards for the general Medicare population, HHS Secretary Tommy Thompson announced March 25. Applications from 29 companies were rejected, with insufficient financing as the most common reason. Some of the companies will offer more than one card, so collectively there will be 30 nationwide cards and another 19 offered in specific geographic areas. In addition, another 43 sponsors will offer cards to enrollees in 84 specific...

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