Some state pharmacists are rethinking their business models after proposed reimbursement cuts for Medicaid prescriptions. David Vite, with the Illinois Retail Merchants Association, says the cuts could cause some of the pharmacies to stop doing business with Medicaid altogether.
[audio:rddPharm1.mp3]A Word From Vite[/audio]
Vite says pharmacies are mulling over statewide layoffs and reductions in store hours if the cuts go through. Lawmakers are expected to deal with the issue in October when they return to Springfield. The proposed rate changes are expected to save the state 42-million dollars a year.