The CMS is considering allowing states to band together to negotiate prescription drug prices. Such multistate programs would be administered by private companies. Michigan has signed a contract with First Health Services Corp., a pharmacy benefit manager, and South Carolina and Vermont are looking to join in. The CMS is reviewing the matter and has not approved the moves, a spokeswoman said. Drug companies have lobbied intensely against the maneuver. Two weeks ago, the U.S. Supreme Court ruled that Maine could act as a pharmacy benefit manager in negotiating lower prescription drug prices for low-income residents. -- by Tony Fong
CMS may allow states to form buying groups
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