The Centers for Medicare and Medicaid Services (CMS) warned policymakers late Friday that Medicaid spending is projected to grow much faster than the economy over the next 10 years. With expenditures headed toward $5 trillion over the decade, agency officials said, now is the time to rein in costs. “This is an urgent reminder that the current spending path of Medicaid is unsustainable,” said Kerry Weems, CMS acting administrator.
Pharmacists are not responsible for the spiraling costs, but it is imperative we all do our part, whenever possible, to contain drug costs.
Bill Popomaronis, R.Ph., NCPA vice president, home health and long term care pharmacy services, provides his thoughts and explanations on the latest DME information from CMS.
