ALEXANDRIA, Va. An economic-stimulus legislation's provision that seeks to extend the federal Medicaid matching rate has received support from the National Community Pharmacists Association.
The American Jobs and Closing Tax Loopholes Act -- introduced by Sens. Max Baucus, D-Mont., and Sander Levin, D-Mich. -- includes a six-month extension of the temporary increase in FMAP, which is scheduled to expire Dec. 31.
Bruce Roberts, NCPA EVP and CEO, said that the inclusion of the FMAP extension would aid community pharmacists, which serve many Medicaid patients, especially those in rural and underserved areas.
The legislation also would extend the 340B prescription drug discount program for uninsured patients to certain hospitals and other inpatient settings, Roberts said.
“Chairmen Baucus and Levin are to be commended for including this critical provision in their legislation. States are facing a crippling double whammy when it comes to Medicaid,” he said. “Tough economic times have both forced more Americans to enroll in the public assistance program and sapped state revenues, creating budget shortfalls across the country. This funding would mitigate the need for devastating Medicaid cuts from coast to coast.”