The Law of Compounding Medications And Drugs

Nevada Division of Insurance accepting Comments until 11/5/2014 regarding amendments to the prescription drug formularies

NEVADA

The Division of Insurance will accept comments until 11/5/2014 regarding amendments to the prescription drug formularies. The proposed amendments will prohibit certain health insurers that provide coverage for prescription drugs and use a drug formulary from making certain changes to the formulary after its approval by the Commissioner of Insurance.Carter Alleman at ca@stateside.com

source found here

Louisana Board of Pharmacy Held a Public Hearing today 10/30/2014 to Discuss Rule Amendments to Compounded Medications

LOUISIANA

The Board of Pharmacy will hold a public hearing 10/30/2014 to discuss rule amendments to the compounding of medications. David Owens atdo@stateside.com

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California Board of Pharmacy to hold public hearing 11/4/2014 to discuss proposed amendments to he compounding rules

CALIFORNIA

The Board of Pharmacy will hold a public hearing 11/4/2014 to discuss proposed amendments to the Compounding Rule. Melissa Martin atmpf@stateside.com

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Compounding Pharmacies in Texas Suffer Another Blow: Blue Cross and Blue Shield of Texas to begin denying claims for bulk powder compounded drugs effective Feb. 1, 2015

Claims for Bulk Powder Compound Drugs to be Denied ...

www.bcbstx.com/provider/news/2014_10_30.html

6 hours ago - Effective Feb. 1, 2015, Blue Cross and Blue Shield of Texas (BCBSTX) will implement changes to their current claims system edits that will enhance BCBSTX's ...

Wall Street Journal: What to Know About the Stark Law and ‘Self-Referral October 2014

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Forbes: Why Do We Care About Doctor Self Referrals?

Let’s say a doctor refers a patient for an MRI scan to a clinic he has a financial interest in. Or sends a patient for a series of tests to a lab he owns. Should we care about any of this? We probably wouldn’t if patients paid for their own care with their own money. But when insurance pays the bills, the medical marketplace becomes like an arms race – with providers and payers constantly battling over what will be covered and will be paid.

As insurers end coverage for compounded drugs, patients struggle - Health & Wellness - Timesonline

Observation of the Day October 30, 2014 There appear to be very few salaried marketing or sales representatives and a lot of commission 1099 based sales representatives in the compounding industtry

Even ICAP has cautioned that this is an area that "{t}his is a particularly complicated issue but what every compounder who currently or is considering employing a contract sales person needs to know is that you, the employer, are directly accountable for the actions, statements and behavior of your sales person. more from IACP found here

Veterinary Drugs: FDA Workshops, Conferences & Meetings Data Quality Webinar

Workshops, Conferences & Meetings Data Quality Webinar

Insurer had duty to defend against defamation claims Health plan’s comments about compounded drugs covered under its policy

By: Eric T. Berkman October 30, 2014

A liability insurer had a duty to defend a health plan against a defamation suit brought by compounding pharmacies in connection with statements the plan made when it decided to stop covering “compounded medications,” a Superior Court judge has found. The defendant insurer maintained that the plaintiff health plan’s decision to stop covering compounded drugs breached ...