SUMMER 2009
IN THIS ISSUE

    MESSAGE FROM THE CEO
    UP CLOSE
    TRANSFERRING RISK
    NEWS YOU CAN USE

 
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Health Plans Need to Drive New Drug Pricing Method as Average Wholesale Price (AWP) Practices are Deflated

Average Wholesale Price (AWP), the industry standard for pricing prescription drug products, and one that currently drives the entire process of reimbursements between payers and pharmacies, will be deflated in September 2009 and is on a trajectory to be abolished all together in 2011. That is unless a legal injunction occurs -- a possibility since many entities including the National Association of Chain Drugstores (NACDS) and the Food Marketing Institute (FMI) are pursuing.

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A Message from the CEO


The Catastrophic Risk Factor & Health Care Reform

Providing quality and affordable healthcare for all Americans is the goal of President Obama’s healthcare reform and what most of us believe is the right thing to do. One of the concerns among many health plans and insurers, however, is the impact this quest will have on their ability to provide coverage to a large segment of the population who has been managing their health poorly, or not at all.

On May 11, 2009, during the address on “Reforming America’s Health Care System”, the President acknowledged “too many Americans are skipping that checkup they know they should get or going without that prescription that would make them feel better, or finding some other way to scrimp and save on their health care expenses.”

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