AMCP Statement about Medicare Anniversary and Part D Savings

For Immediate Release


Alexandria, Va., August 1, 2013 — The Academy of Managed Care Pharmacy (AMCP) today released the following statement by CEO Edith A. Rosato on the 48th anniversary of Medicare and the recent government report that over 6.6 million beneficiaries have saved over $7 billion on prescription drugs in the Medicare Part D donut hole since the Part D law was enacted:

This week, the nation celebrates the 48th anniversary of Medicare, one of our most important health programs ever created. It’s fitting that Medicare also reported this week that the Medicare Part D program has saved more than 6.6 million beneficiaries over $7 billion on prescription drugs.

AMCP and its members are proud to have been a part of the Medicare Part D program from its inception. We are committed to continuing to work with CMS on finding more savings for seniors through evidence-based managed care pharmacy practices—including medication management, prior authorization, step therapy and other tools that evaluate medications to ensure that patients receive the safest, most effective medications. We also support the competitive model for the Medicare Part D program, which has improved the lives of millions of seniors by providing access to affordable, effective medications.

About AMCP
The Academy of Managed Care Pharmacy is a national professional association of pharmacists and other health care practitioners who serve society by the application of sound medication management principles and strategies to improve health care for all. The Academy's nearly 7,000 members develop and provide a diversified range of clinical, educational and business management services and strategies on behalf of the more than 200 million Americans covered by a managed care pharmacy benefit. It is celebrating its 25th anniversary in 2013. More news and information about the Academy can be found at www.amcp.org.
 

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For more information, please contact:
Kevin Bruns | kbruns@amcp.org | 703-683-8416 ext. 656