Medicaid changes mean trouble for independent pharmacies

Roger's Pharmacy Dumas TxNEWSCHANNEL10.COM - Major Medicaid cutbacks in Texas could force some pharmacies in our area to shut their doors.

The managed care plan will significantly reduce the amount a pharmacy receives from the state for filling medicaid prescriptions.

The new plan is leaving pharmacies faced with a decision and it's not an easy one, to lose a lot of money or to stop accepting Medicaid patients.

Pharmacist Roger Wann says, "They need to talk to small town pharmacists and find out exactly what's going on. It's not the same as it is in Houston and Dallas and other places because some of these people have to drive a long way just to get to a pharmacy."

The managed care plan could lower dispensing fees by as much as 80 percent.

Pharmacist Robin Johnson explains, "Our reimbursement at this time is approximately $7.37 for each prescription. If they reduce my fees as they are talking about doing, we will get paid $1.47 for each prescription we fill."

It costs a pharmacy about $9 to fill a prescription. That's a huge loss for...

Article Sources:

Read Full Article: Medicaid changes mean trouble for independent pharmacies - NewsChannel10.com