There are lots of less well-known requirements buried in the legislation. Here’s a summary of what I found that will affect the pharmacy and pharmaceutical industry.
- Computation of Weighted Average Manufacturer Price (WAMP) excludes pharmacies located in Nebraska.
- Beginning in October 2012, Americans with a Body Mass Index greater than 30 will be banned from using the phrase “And don’t skimp on the…”
- Seniors have access to more than 300 methods of execution, all of which would be covered by Medicare.
- Comparative effectiveness research into innovative physician dollar-ectomy procedures.
- New transparency standards require Pharmacy Benefit Managers (PBMs) to operate from facilities in which “Every vertical and horizontal surface, from office door to bathroom stall, be made of clear, pure, diaphanous glass.”
- Secretary of Health and Human Services must “review and modify” the Hippocratic Oath during every Federal budget cycle beginning with Fiscal Year 2011.
- Penalties for hospitals with high mark-ups on items from the in-room minibar.
- Establishment of Ugliness Assistance Fund.
- Pharmaceutical sales reps to be rounded up and sent to re-education camps starting in 2014.
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Hey! Is it April 1 again?