Medicaid Prescription Drugs

Medicaid Prescription Drugs

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Description

This posting explores prescription drug coverage under Texas Medicaid, including related spending and trends. Pharmacy costs borne by the state’s Medicaid program increased 90 percent from 2001 to 2011, prompting the state to carve pharmacy into Medicaid managed care in 2012. Continued growth in pharmacy costs is attributed to the aging of the population, specialty drug development, new marketing practices, and recent price increases in many generic drugs.


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