States Push Closed Formularies, Pharmacy Networks As CMS Considers Allowing Those Arrangements In Medicaid

State officials and the National Academy for State Health Policy compiled policies to help states negotiate cheaper drug prices that include closed formularies, specialty pharmacy networks and a joint federal-state Medicaid Technical Advisory Group. Massachusetts is requesting a waiver from CMS to use a closed Medicaid drug formulary and a limited pharmacy network, and the NASHP recommendations show other states also are interested in using those policies if CMS allows it. NASHP, with support of The Commonwealth Fund, met with...