Pharmaceutical Care Management Association: America's Pharmaceutical Supply and Payment Chain Collaborating to Promote Undisrupted Patient Access to Medications - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 28, 2020 Newswires
Share
Share
Post
Email

Pharmaceutical Care Management Association: America's Pharmaceutical Supply and Payment Chain Collaborating to Promote Undisrupted Patient Access to Medications

Targeted News Service (Press Releases)

WASHINGTON, May 28 -- The Pharmaceutical Care Management Association issued the following news release on May 27:

Representative organizations of America's pharmaceutical supply and payment chain, including prescription and over-the-counter brand and generic manufacturers; wholesalers; retail, specialty, and managed care, pharmacies; health insurance providers and other payers; pharmacists in hospitals and health systems; and pharmacy benefit managers, released new policy principles to promote undisrupted patient access to medications during the COVID-19 pandemic.

The principles represent private-sector collaboration to mitigate drug shortages and ensure the safety, security, and reliability of the pharmaceutical supply chain amidst this unprecedented health care system challenge.

Participating organizations include:

* Academy of Managed Care Pharmacy

* America's Health Insurance Plans

* American Society of Health-System Pharmacists

* Association for Accessible Medicines

* Biotechnology Innovation Organization

* Blue Cross Blue Shield Association

* Consumer Healthcare Products Association

* FMI - the Food Industry Association

* Healthcare Distribution Alliance

* National Association of Chain Drug Stores

* National Association of Specialty Pharmacy

* National Grocers Association

* Pharmaceutical Care Management Association

* Pharmaceutical Research and Manufacturers of America

The organizations today sent a letter to Vice President Mike Pence and Congressional Leaders with the following principles to facilitate patient access to the drugs they need through a well-functioning pharmaceutical supply chain:

* Patients should have safe, convenient, and reliable access to their medicines. Following Centers for Disease Control and Prevention's (CDC's) advice, patients may elect to receive an extended days' supply of most maintenance and specialty medicines, when clinically appropriate, including through delivery to their homes. Patients should have the flexibility to decide where they receive infused or injected medicines and may wish to have access to safe treatment at home when clinically appropriate.

* Both the private and public sectors should work together to sustain access to care for patients and help to mitigate disruptions and shortages. Supply chain stakeholders continuously assess for shortages or disruptions and collaborate with public health agencies on efforts to sustain access to care. Through Food and Drug Administration (FDA) led and industry-supported surveillance efforts, including publicly reported, practitioner-focused shortage information, timely information collection and awareness enables the best management of supply and contingency solutions to minimize the impact on patient care.

* The pharmaceutical supply and payment chain, including health care providers, should have timely access to information on disruptions and shortages during a public health emergency. The FDA should continue to provide timely information on affected products and the expected duration, so that pharmacies, prescribers, and payers can facilitate adjustments to care and reduce patient disruption.

* Policymaking should prioritize patient needs by balancing clinically appropriate drug supplies, efforts to prevent inappropriate stockpiling, substitution and therapeutic interchangeability if shortages occur, and the need to manage drug shortages already occurring and mitigate future drug shortages risks. For drugs in or anticipating a shortage, there should be flexibility to adjust the supply of medicines to have on hand, which will enable more patients to have access.

* National clinical guidance for health care providers should be issued on potential and approved COVID-19 treatments. If existing FDA-approved drugs are found to be safe and effective in treating COVID-19, policymakers must balance broad public health needs while working to maintain access to these drugs for patients who currently rely on them.

* A closely connected, diverse, and resilient global pharmaceutical supply chain is the best means to ensure a consistent and affordable supply of medicines for patients. As our country addresses the COVID-19 pandemic, reliable patient access to affordable medications remains a significant concern. We support manufacturing in the United States and exploring incentives to maintain, utilize and attract investment in domestic manufacturing. We should avoid measures that could trigger protectionist responses and instead deepen relationships with international trading partners to promote resiliency and diversity of the global pharmaceutical supply chain. Specifically, the U.S. Government should avoid adopting policies that may have an unintended impact on the U.S. pharmaceutical supply, including requirements to buy only drugs, or a percentage of drugs, manufactured in the United States.

* Logistics and distribution systems that deliver pharmaceuticals should be prioritized to alleviate a potential source of disruption or shortage. We strongly encourage government officials to engage with the U.S. and global airline, shipping and mail, and logistics industries to ensure prioritization and guaranteed cargo space related to the transport of pharmaceuticals, medical devices, and medical supplies.

* * *

May 27, 2020

To: The Honorable Mike Pence, Vice President of the United States, The White House, 1600 Pennsylvania Avenue, NW, Washington, D.C. 20500; The Honorable Mitch McConnell, Senate Majority Leader, United States Senate, Washington, D.C. 20510; The Honorable Nancy Pelosi, Speaker of the House, U.S. House of Representatives, Washington, D.C. 20515; The Honorable Charles Schumer, Senate Democratic Leader, United States Senate, Washington, D.C. 20510; The Honorable Kevin McCarthy, House Republican Leader, U.S. House of Representatives, Washington, D.C. 20515

Dear Vice President Pence, Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer:

As representative organizations of the pharmaceutical supply and payment chain, including prescription and over-the-counter brand and generic manufacturers; wholesalers; retail, specialty, and managed care pharmacies; health insurance providers and other payers; pharmacists in hospitals and health systems; and pharmacy benefit managers, we are coming together to work on policy solutions to ensure patients have access to essential medicines during the COVID-19 pandemic.

Our primary concern is the health and well-being of patients, including ensuring that patients with chronic conditions have continued access to the medicines they need. We recognize that all of us in the pharmaceutical supply and payment chain have a responsibility to take action to help prevent and mitigate drug shortages and ensure patient access to care.

As a result of the COVID-19 pandemic, there are serious concerns that disruptions in the pharmaceutical supply chain, which relies on international suppliers, could lead to an increase in drug shortages. In addition, as more people stock up on maintenance medicines and the need for essential medicines increases as a result of COVID-19 hospitalizations, prompt action is necessary to help mitigate and prevent drug shortages for patients.

The companies and organizations we represent continuously assess their supply chains for drug shortages and potential disruptions to supply, and collaborate with federal, state, and local public health agencies to share critical information and partner on efforts to sustain access to care with as little disruption as possible. As a result, and despite challenges, the pharmaceutical supply chain remains strong and resilient, and Americans continue to have access to a safe, effective, and reliable supply of prescription drugs and other medications.

Our organizations have substantial, collective experience in helping to mitigate drug access concerns in the event of shortages - whether the result of market, public health, or environmental forces. And we pledge to continue to work collaboratively with each other and with policymakers to identify problems and ensure the supply chain is functioning well as we confront this unprecedented health care system challenge.

As part of our organizations' combined efforts to collaborate with federal and state officials to meet the common goals of a secure and safe supply chain and continued patient access to medicines, we have agreed on a common set of policy principles. We hope policymakers find these useful as they consider steps to address drug shortages.

Sincerely,

Academy of Managed Care Pharmacy

America's Health Insurance Plans

American Society of Health-System Pharmacists

Association for Accessible Medicines

Biotechnology Innovation Organization

Blue Cross Blue Shield Association

Consumer Healthcare Products Association

FMI - the Food Industry Association

Healthcare Distribution Alliance

National Association of Chain Drug Stores

National Association of Specialty Pharmacy

National Grocers Association

Pharmaceutical Care Management Association

Pharmaceutical Research and Manufacturers of America

Enclosure: Pharmaceutical Supply and Payment Chain Coalition Principles

Older

Illinois to become 1st state to provide Medicaid regardless of immigration status

Newer

Best’s Commentary: COVID-19 Impact on U.S. Health Insurance Companies Smaller Than Expected

Advisor News

  • Millennials are inheriting billions and they want to know what to do with it
  • What Trump Accounts reveal about time and long-term wealth
  • Wellmark still worries over lowered projections of Iowa tax hike
  • Wellmark still worries over lowered projections of Iowa tax hike
  • Could tech be the key to closing the retirement saving gap?
More Advisor News

Annuity News

  • How to elevate annuity discussions during tax season
  • Life Insurance and Annuity Providers Score High Marks from Financial Pros, but Lag on User Friendliness, JD Power Finds
  • An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Annexus and Americo Announce Strategic Partnership with Launch of Americo Benchmark Flex Fixed Indexed Annuity Suite
  • Rethinking whether annuities are too late for older retirees
More Annuity News

Health/Employee Benefits News

  • Trump's Medicaid work mandate could kick thousands of homeless Californians off coverage
  • Confidence is the new workplace currency
  • Governor signs education package on reading, math, teacher benefits
  • Findings from Belmont University College of Pharmacy Provide New Insights into Managed Care and Specialty Pharmacy (Comparing rates of primary medication nonadherence and turnaround time among patients at a health system specialty pharmacy …): Drugs and Therapies – Managed Care and Specialty Pharmacy
  • Study Data from Ohio State University Update Knowledge of Managed Care (Preventive Care Utilization, Employer-sponsored Benefits, and Influences On Utilization By Healthcare Occupational Groups): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • Kansas City Life: Q4 Earnings Snapshot
  • Gulf Guaranty Life Insurance Company Trademark Application for “OPTIBEN” Filed: Gulf Guaranty Life Insurance Company
  • Marv Feldman, life insurance icon and 2011 JNR Award winner, passes away at 80
  • Continental General Partners with Reframe Financial to Bring the Next Evolution of Reframe LifeStage to Market
  • ASK THE LAWYER: Your beneficiary designations are probably wrong
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet