Arkansas joins inquiry into Rx plan managers

BY NANCY COLE
ARKANSAS DEMOCRAT-GAZETTE

August 31, 2004

 

Arkansas is participating in a multistate investigation into the practices of pharmacy benefit managers, according to the state attorney general’s office.
   "Between 25 and 30 states" are taking part in the inquiry, agency spokesman Matt De-Cample said Monday.
   Pharmacy benefit managers negotiate with drug manufacturers on behalf of employers and health plans for discounts.
   Some consumer advocates worry that pharmacy benefit managers’ cost-cutting strategies potentially undermine patient care.
   A number of states have passed legislation to regulate the industry due to become the key administrator of the federal Medicare drug benefit plan that begins in 2006.
   Pharmaceutical companies have warned that price controls appear increasingly likely once the Medicare program begins covering prescription drugs.
   Recent studies by AARP and Families USA found that the price of name-brand prescription drugs most used by senior citizens had increased by rates substantially above inflation for the past four years, undercutting the potential value of the new Medicare drug discount card.
   The Pharmaceutical Research and Manufacturers of America responded that most of the increase results from demand for the products.
   The largest pharmacy benefit manager, Medco Health Solutions, earlier this year agreed to pay $29.3 million to settle charges brought two years ago by 20 state attorneys general that the company switched patients’ medications without their knowledge and then pocketed the savings.
   New York Attorney General Eliot Spitzer announced earlier this month that his state would sue Express Scripts Inc., the only company providing pharmacy benefits to
New York state’s civil service employees.
   California’s legislators recently passed a bill to regulate pharmacy benefit managers and Gov. Arnold Schwarzenegger has until Sept. 30 to sign the bill or veto it, or the bill becomes law without his signature.
   The Pharmaceutical Care Management Association bristles at criticism and says increased regulation will only cut into the estimated 25 percent savings they extract from drug manufacturers.
   "There’s a whole emerging body of evidence that talks about the value that we provide and the savings that we provide," said spokesman Phil Blando, citing recent reports by the Government Accountability Office, Federal Trade Commission, and Congressional Budget Office.
   "PBMs are going to be integral to any solution in terms of expanding access and driving down the cost of prescription drugs," he said.
   In late June a group of employees with the Hot Spring County Solid Waste Authority sued three of the nation’s largest pharmacy benefit managers. The workers allege that the pharmacy benefit managers put their interests ahead of their clients’ pocketbooks.
   "This scam has been going on for years and is the single largest contributor to high prescription drug cost," said attorney Don Spears, a partner in the
Little Rock firm of Whetstone & Spears, which is representing the Hot Spring County public employees.
   "This case is the first-ever attempt to expose this scheme and get relief for the people of Arkansas."
   The lawsuit charges that Caremark Inc., AdvancePCS, and Medco Health Prescription Solutions failed to share drug rebates, pocketed a share of inflated drug prices, designed their lists of preferred drugs on the basis of kickbacks rather than cost-effectiveness, pushed certain drugs to earn extra manufacturer rebates, and failed to share discounts from mail-order pharmacies.
   Nashville, Tenn.-based Caremark and AdvancePCS, which merged in March, have denied all of the allegations. New Jersey-based Medco, which had been a subsidiary of drug maker Merck & Co. Inc. until last year, declined to comment.
   Also named as defendants are UnitedHealth Group, the health insurance carrier for Hot Spring County Solid Waste Authority, and Hatcher Insurance Agency, the Little Rock-based agency through which the insurance coverage was bought.
   Minnesota-based United-Health Group and the Hatcher Insurance Agency could not be reached for comment.
   The lawsuit was filed originally in the Circuit Court of Hot Spring County but was transferred at the request of Caremark and AdvancePCS to the U.S. District Court for the Western District of Arkansas in Fort Smith.
   The plaintiffs are seeking class-action certification of the lawsuit