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

CMS expands therapy payment research

The government is expanding its research into alternative therapy payments, to consider more holistic changes to the way Medicare reimburses skilled nursing facilities, the Centers for Medicare & Medicaid Services announced Tuesday.

CDC tightens Ebola guidelines for healthcare workers

The Centers for Disease Control and Prevention has issued more stringent guidelines for how healthcare workers should interact with Ebola patients, following an outcry from nurses and other professionals.

Nonprofit providers face alarming market forces, must rally, LeadingAge chairman says

Nonprofit providers face alarming market forces, must rally, ...

Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told ...