Prescription drug purchasing pool explained
Prescription Drug Purchasing Pools are groups of individuals, businesses, and governments that pool their purchasing power to negotiate a lower price for prescription drugs.[1]
List of purchasing pools
United States
As of February 2010, there are five operating multi-state bulk buying pools, not counting several additional variations and single state-initiatives:[2]
- National Medicaid Pooling Initiative (NMPI) was first announced in early 2003 with four states. As of 2009 the total number of pooled states is twelve and DC. The states are Alaska, Georgia, Hawaii, Kentucky, Michigan, Minnesota, Montana, Nevada, New Hampshire, Rhode Island, New York and Tennessee as well as the District of Columbia.
- Top Dollar Program (TOP$)SM is the State Medicaid Pharmaceutical Purchasing Pool started by Provider Synergies, for Louisiana and Maryland in 2005. Delaware, Idaho, Nebraska, Pennsylvania and Wisconsin joined more recently for a total of seven participants as of April 2009.
- Sovereign States Drug Consortium (SSDC) was founded as a non-profit structure by the states of Iowa, Maine, and Vermont for Medicaid in October 2005. Iowa, Maine, Oregon, Utah, Vermont, West Virginia and Wyoming are operational members.
- Northwest Prescription Drug Consortium (NPDC) combines non-Medicaid Rx programs in Oregon and Washington, effective 2007.
- Minnesota Multistate Contracting Alliance for Pharmacy (MMCAP)
See also
Notes and References
- Web site: Employers Unite in Effort to Curb Prescription Costs. Freudenheim, Milt. The New York Times. 2005-02-03. 2010-03-19.
- Web site: Bulk Purchasing of Prescription Drug - NCSL 2010. Cauchi, Richard. National Conference of State Legislatures. February 2010. 2010-03-19.
