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DEPARTMENT OF AGING SAYS PRESCRIPTION BENEFITS WILL CONTINUE

 DEPARTMENT OF AGING SAYS PRESCRIPTION BENEFITS WILL CONTINUE
 HARRISBURG, Pa., July 1 /PRNewswire/ -- State Secretary of Aging Linda M. Rhodes said today that Pharmaceutical Assistance Contract for the Elderly (PACE) cardholders will continue to receive benefits, despite action yesterday by the state Senate that stripped cost-saving measures from a plan to ensure the solvency of the prescription drug program.
 "The Senate action will not affect our ability to help older people receive their prescription medicines through PACE," Rhodes said. "When the state House returns in the fall, we'll work with them to restore the cost saving components to PACE."
 The Senate-passed version of H.B. 2442 removed provisions that in 1992-93 would have saved $53 million for PACE, which pays for prescription medicines for nearly 370,000 older Pennsylvanians.
 The savings would have been accomplished by:
 -- requiring drug manufacturers to provide price rebates to the PACE program and increase the rebate amount from 12.5 percent to 15 percent for brand medications and from 10 to 11 percent for generics.
 -- requiring drug manufacturers who raise prices higher than the consumer price index to rebate PACE an additional discount.
 -- allowing PACE to stop paying for the higher cost brand-name drugs when an A-rated generic drug is available.
 /delval/
 -0- 7/1/92
 /CONTACT: Kate Megargee of the Department of Aging, 717-783-1549/ CO: Department of Aging ST: Pennsylvania IN: SU:


JS -- PH029 -- 5848 07/01/92 15:53 EDT
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Publication:PR Newswire
Date:Jul 1, 1992
Words:237
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