Word: medicaid
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Weld proposed using private funds to replace Medicaid money to finance abortions for low-income women. Weld has taken a generally pro-choice position in the campaign but has endorsed some restrictions of public funding for abortion...
...Legislature approved one tax increase last year, a 15 percent, 18-month income tax increase to pay off the $425 million fiscal year 1989 deficit and overdue Medicaid bills. But that tax increase did not provide any additional dollars for the current fiscal year...
Hospitals are now requiring staff members to consider a drug's cost as well as its efficacy before they fill out prescription forms, and state Medicaid agencies are trying to hold the line by refusing to pay for some high-priced nostrums. Corporations with major medical bills are taking their own cost- control approach. General Motors has started direct negotiations with pharmaceutical firms to lower prescription-drug rates, and Rockwell International has opened its own pharmacy at an Iowa plant. "We're seeing the leveling out of the market power between purchasers and producers," says Stephen Schondelmeyer, director...
State governments, which have suffered deep cuts in health-care funding from Washington, are also taking action. With pharmaceutical costs in his state jumping as much as 18% annually since 1985, John Alquest, who oversees the $31 million Kansas Medicaid program, has developed a bidding program for six frequently used drugs, including the antibiotic cephalexin and the asthma drug theophylline. He was able to log savings of $400,000 last year. Pharmaceutical companies have lobbied the Kansas legislature to block the program, but at least a dozen other states are considering similar measures...
...Ways and Means proposal would gain $11.5 million in fiscal 1990 by giving the Department of Public Welfare rate-setting powers, and tightening Medicaid certification. It would generate $5 million in savings through repeal of a 1980 rollback in group insurance rates...