PSSNY

PSSNY was again successful in pushing back devastating reimbursement cuts (AWP-15%) to three (3) major prescription drug programs in New York State. Although pharmacies suffered a decrease in reimbursement, it was limited to ¾% for brands taking reimbursement down to AWP-12 ¾% brands and from AWP-12% to AWP-16.5% for non-FUL generics. PSSNY was also successful in convincing the Governor's Office during the summer and fall of 2004 not to include any reimbursement cuts in his 2005 Executive Budget.Medicaid Regulatory Relief: With the passage of "serialized Rx forms" in the 2004-05 Budget (PSSNY Opposed), we were able to ask for and receive significant regulatory relief as it relates to Medicaid. Phoned-in prescriptions with refills (except controlled substances) or OTC's no longer need a cover from the physician. We had e-prescribing passed in the budget for Medicaid & EPIC (Elderly Rx Drug) programs. The serialized forms can be scanned for serial number input into pharmacy systems. Budget estimated a $100 million savings to Medicaid annually

Contact Details: 210 Washington Avenue Extension Suite 101 Albany New York 12203 United States of America Tel: 800.632.8822 Fax: 518.464.0618 Email: staff@pssny.org WWW: www.pssny.org/

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