Lubbock area pharmacists are raising an alarm about a new state law that they say could reduce their Medicaid profits by as much as 80 percent.
They say a new state law is about to take effect that puts a managed care system in place for Texas Medicaid patients that will have the right to force pharmacists to reduce their fees.
Pharmacist Tony Jones says that the managed care system keeps the money and taxpayers may not get any benefit.
"We don't know that the Texas state government is going to save any money. There's no audit provisions in that bill to go back and see if those savings are happening or not."
Jones says pharmacies are looking at an 80 percent cut in their profits on Medicaid prescriptions. He says especially for small town pharmacies -- that's a bad deal.
Jones says this law could limit health care options to the most vulnerable of Texas residents.
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