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HHS Approves Second Multi-State Purchasing Pool to Lower Medicaid Drug Prices.

Publication: PR Newswire
Publication Date: 27-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WASHINGTON, May 27 /PRNewswire/ -- HHS Secretary Mike Leavitt today approved plans by three states -- Louisiana, Maryland and West Virginia -- to pool their collective purchasing power to gain deeper discounts on prescription medicines for their state programs.

This is the second multi-state purchasing plan using the framework established by the Centers for Medicare and Medicaid Services in 2004. The first multi-state plan, approved in April 2004, included five states: Michigan, Vermont, New Hampshire, Alaska and Nevada. Since its approval, Hawaii, Minnesota, and Montana have joined that original pool.

"These pooling...

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