Financial Management White Papers
Medicaid's Reimbursements to Pharmacies for Prescription Drugs
Overview Between fiscal years 1997 and 2002, Medicaid's expenditures on prescription drugs in the fee-for-service part of the program increased from $10.2 billion to $23.4 billion. About one-quarter of those amounts went to wholesalers and pharmacies to compensate them for distributing and dispensing the drugs. This paper examines recent trends in that "markup" - or the difference between the total amount that state Medicaid agencies paid to pharmacies and the amount that pharmacies and wholesalers paid to purchase the drugs from manufacturers.
| Publisher | Congressional Budget Office | File Format | |
|---|---|---|---|
| Date Published | December 2004 | ||
| Format | White Papers | ||
| Topics | |||
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