What is the feasibility of implementing a mail-order component in Michigans Medicaid prescription drug program?
Conclusion: We concluded that it is not feasible to implement a mail-order component in Michigan’s Medicaid prescription drug program without having changes made in DSS’s appropriations act boilerplate language and amending the Michigan Public Health Code which prohibit mail order pharmacies (Finding 8). Audit Objective: To answer the question: Are there potential cost savings available to Michigan’s Medicaid program from the use of mail-order pharmacies? Conclusion: We concluded that MSA could potentially reduce its maintenance drug expenditures if it implemented a mail-order program. However, MSA would have to obtain contractual provisions with a mail-order pharmacy (MOP) that are materially better than the mail-order pharmacy contracts we reviewed to realize significant savings. We performed a computer analysis of MSA’s data for 126 maintenance drugs to determine if MSA could realize potential savings by implementing a mail-order program. These 126 drugs accounted for $99.8 million
Related Questions
- I understand that Michigan State Universitys prescription drug program administered through CVS Caremark includes a drug formulary or drug list. What is that?
- What is the feasibility of implementing a mail-order component in Michigans Medicaid prescription drug program?
- Are there potential cost savings available to Michigans Medicaid program from the use of mail-order pharmacies?