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Ohio Medicaid credits single PBM with transparency and savings; pharmacies and lawmakers ask about deserts
Summary
Director Corcoran and the Medicaid pharmacy director reported large savings from a single pharmacy benefit manager and higher dispensing fees, while committee members and pharmacy witnesses raised concerns about pharmacy closures and access in some counties.
Ohio Medicaid told the House Medicaid Committee that its single pharmacy benefit manager and unified drug-list approach have yielded administrative savings and improved transparency — and have allowed the agency to identify lost rebates tied to 340B contract-pharmacy claims.
Director Maureen Corcoran reported that the state's single PBM recorded about $139.5 million in savings in its first two years and roughly $333 million in administrative savings. She also said the state increased the average dispensing fee from roughly 73¢ to…
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