Cost Avoidance

29 May DRUG PRICING REFORM MAY LOWER COSTS, BUT PAYMENT PREVENTION DELIVERS IMMEDIATE SAVINGS

Drug pricing reform is a common Medicaid cost-containment strategy. Policymakers continue exploring expanded rebates, alternative purchasing models, and other approaches designed to reduce pharmacy spending and ease pressure on state budgets. Lower drug prices can generate meaningful savings. However, they address only part of Medicaid's financial...