While there has been much focus on the federal government’s role with Medicare drug benefits, there are two other significant healthcare segments for which it is also responsible: veterans and military personnel.
In 2005, the Department of Veterans Affairs (VA) spent $4.2 billion on drugs and medicines, and in 2005, the Department of Defense (DoD) spent $5.4 billion on prescription drugs, according to the General Accounting Office…
Negotiating Drug Prices with the VA and DOD
Experts on this Topic
Alan Bayham. President, Bayham Consulting LLC, Madisonville, La.; Bayham Consulting provides pharmacy management experience in hospital, institutional, retail, pharmaceutical industry, and managed care settings. For more information, visit rightdrugrightprice.com.
William Winkenwerder, M.D. Senior Advisor, Federal, State and Commercial HealthCare practices, Deloitte Consulting, New York; Deloitte Consulting is part of Deloitte & Touche, which provides audit, tax, consulting, and financial advisory services, For more information, visit deloitte.com.