WASHINGTON — Retail pharmacy is once again facing lower margins as a result of proposed cuts to Medicaid reimbursement. Late last month, the Centers for Medicare and Medicaid Services, Baltimore, recommended cutting the Medicaid program by $8.4 billion over the next five years by taking the majority from reimbursement to pharmacies. The public has until the second week of February to comment on the proposal, which is a provision of the Deficit Reduction Act of 2005 and limits reimbursement ...

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