Quick Nav
Pharmacy Times

Louisiana Seeks to Cut Medicaid Spending with Buying Pool

Ken Rankin
Published Online: Tuesday, February 1, 2005   [ Request Print ]

State health officials in Louisiana have announced plans to join with their counterparts in Maryland and West Virginia to form a multistate drug-buying consortium to reduce the cost of their Medicaid prescription drug programs.

Louisiana's Department of Health and Hospitals has petitioned the federal Centers for Medicare and Medicaid Services (CMS) for authorization to participate in the buying pool, which officials say could result in program savings of $8 million to $10 million annually in their state alone.

A similar plan for a 7-state purchasing pool, which includes Michigan, Vermont, New Hampshire, Alaska, Nevada, Minnesota, and Hawaii, was approved by CMS during 2004.

Mr. Rankin is a freelance medical writer.

Related Articles
No Result Found

Intellisphere, LLC
666 Plainsboro Road
Building 300
Plainsboro, NJ 08536
P: 609-716-7777
F: 609-257-0701

Copyright HCPLive 2006-2013
Intellisphere, LLC. All Rights Reserved.

Become a Member
Forgot Password?