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        • Pharmacy & Prescription Drug Research

        • 2021 Consumer Prescription Drugs Survey: Pricing, Accessibility & Legislative Action

          A recent consumer survey of over 1,000 adults showed that a plurality of respondents, regardless of age and location, believe that drug manufacturers set unreasonable prices for the drugs they develop.

          Access to quality pharmacies is not an issue for many Americans: 86% of consumers find it easy to get their prescription drugs at a pharmacy and have access to nearly three pharmacies within a 10-minute drive.

          Nearly 8 in 10 people believe that independent pharmacies should receive the same government oversight as chain pharmacies if they are involved in government-funded and administered programs like Medicaid and Medicare.

          When it comes to the government inserting itself in the pharmacy business, the majority of consumers do not think independent pharmacies need government handouts to increase their profits

        • New Research Highlights PSAO Role in Supporting Independent Pharmacies

          A vast majority of independent pharmacies hire powerful pharmacy services administrative organizations (PSAOs) to negotiate prescription drug costs on their behalf and help them run their business. Despite having a “mom & pop” reputation, nearly 83% of independent pharmacies have the backing of heavy-weight, unregulated PSAOs to negotiate contracts with other parties in the pharmaceutical supply and payment chain.

           

          More specifically, PSAOs help independent pharmacies:

          Negotiate reimbursements from the PBM to the pharmacy

          Consult on pharmacy network contracts

          Perform back office operations

        • It's time our elected officials implement the same level of reporting requirements to PSAOs as they do for other entities in health care.

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