Entries by stopdirfees

, ,

Medicare Part D Pharmacy ‘DIR’ Fees—S. 413 / H.R. 1038

Published by The National Community Pharmacists Association: “Ban on Retroactive Fees Would Lower Costs, Help Seniors and Preserve Pharmacy Access Background Part D plan sponsors and Pharmacy Benefit Managers (PBMs) extract DIR (Direct and Indirect Remuneration) fees from community pharmacies. Nearly all pharmacy DIR fees are clawed back retroactively months later rather than deducted from […]

, ,

An End to PBM Pick-Pocketing

Published by Morning Consult: “Usually when your pocket has been picked, you discover the loss pretty quickly. But many of America’s more than 22,000 independent community pharmacies are finding their reimbursements for prescription drugs reduced well after the patient hands over the co-pay and leaves with their medicine. The technical term for this transaction is […]