Bill calls for pharma to compensate for 'doc fix' solution; would readjust dual-eligibles payment

Share this article:
Sen. Jay Rockefeller
Sen. Jay Rockefeller

 

Senator Jay Rockefeller wants provider groups to support his Medicare Part D plan for a drug rebate bill that calls for money from pharmaceutical companies to replace funds lost from the sustainable growth rate (SGR) removal.

The chair of the Senate Finance Committee's Health Care Subcommittee would earmark the money to reimburse doctors via Medicare. Letters dated Nov. 15 voiced his position to more than 60 organizations.

The chairman of the Senate Finance Committee's Health Care Subcommittee seeks support for the rebate bill, which would reimburse physicians under Medicare.

“The Medicare Drug Savings Act (S. 740, H.R. 1588) is a sensible way to pay for replacing” the sustainable growth rate (SGR) formula, the West Virginia democrat said.

Rep. Henry A. Waxman (D-Calif.) sponsored the companion bill (H.R. 1588) (74 HCDR, 4/17/13).

Rockefeller also said in his letter that his bill “would return drug pricing for the dual-eligibles to the same mechanism that was used prior to the passage of Part D and still for the Medicaid program, a mechanism that would not harm patients, doctors or hospitals in any way.”

The Center for Medicare Advocacy and Medicare Rights Center supports the plan. The Pharmaceutical Research and Manufacturers of America opposes the bill.

Share this article:

More in News

Rape investigation blocked by nursing home's HIPAA concerns, authorities say ...

Florida authorities say a nursing home is citing privacy laws to impede the investigation of a possible resident rape, according to local news reports.

Jury hands down $14 million negligent care verdict to 'send message' to nursing homes

Jury hands down $14 million negligent care verdict ...

A Massachusetts jury has awarded $14 million to the family of a nursing home resident who died due to a pressure ulcer, dehydration and other conditions linked to negligent care, ...

CCRC executive director salaries hold steady, therapy directors get boost

Continuing care retirement community executive director salaries have barely increased in the past year, while therapy and rehabilitation directors received a boost, a new report shows. The average salary for a therapy and rehab director is currently $95,905.