Long history of missed opportunities plague Medicare prescription dr...( The new Medicare program will also be a...),Health

The new Medicare program will also be administered by private pharmacy benefit management companies, emulating a recent trend in many employer-sponsored health plans. Dr. Oliver and his co-authors argue, however, that there is little evidence that relying on private management companies will adequately contain the costs of drugs. The researchers expect that in the future, policy makers will need to adopt stronger, more centralized mechanisms as they have done with hospital, physician and other services for Medicare beneficiaries.

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Contact: Tim Parsons
paffairs@jhsph.edu
410-955-6878
Johns Hopkins University Bloomberg School of Public Health
23-Jun-2004

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