While Vermontanticipates $4 million in returns this year on its 121,000 Medicaidbeneficiaries, Iowa expects $11 million and Maine nearly $5 millionon their collective lives. Governor Douglas noted, “This represents andextraordinary accomplishment for our states of which we can be veryproud.” Jason GibbsGovernor’sCommunications Director109 State Street ¨ The Pavilion ¨ Montpelier,VT 05609-0101 ¨ www.vermont.gov/governor(link is external)Telephone: 802.828.3333 ¨ Fax: 802.828.3339 ¨ TDD: 802.828.3345 ### Governor Douglas stated, “Medicaid drug costshave grown dramatically in recent years. States have control over what we coverunder Medicaid and how much we pay for it. Medicaid programs have beeninnovative in creating cost-saving strategies like Preferred Drug Lists andappropriate drug utilization programs. The preservation of the benefit weprovide our citizens is a top priority; however, we must work to controlspending in order to ensure coverage. In the absence of federal initiatives, ithas been necessary for states to be creative in finding ways to contain costs. Thecreation of the SSDC is the next step in the ongoing effort to control theincreases in drug costs while maintaining a comprehensive drug benefit.” Two other Medicaid pools have been approved by CMS. These pools aremanaged by pharmacy benefit management companies contracted to select states. Oneof the unique components of the SSDC as a state administered pool is that anystate can participate regardless of how they administer their Medicaid pharmacybenefit, through state or contractual resources, and the SSDC will beencouraging other states to look at this model in the future. Anotherdistinction is that the SSDC process is completely transparent to its members. All participating states have access to the full terms and conditions of allbids by pharmaceutical manufacturers. States then collectively review the bidswhile independently deciding which are appropriate for each of our states. Atthe same, this arrangement can assure that 100 percent of negotiated rebatesare returned to the Medicaid program – a no contractor can profit bysharing in the rebates. Montpelier, Vt. – Governor Jim Douglas announced today thatVermont, Iowa and Maine have formed a first in the nation, state administeredprescription drug purchasing pool, that is expected to save Vermont approximately$4 million this year. On July 20, 2006 the Centers for Medicare and Medicaid Services approvedthe operation of the Sovereign States Drug Consortium (SSDC), collaborationbetween Vermont, Maineand Iowa. Program Expected to Save Vermont $4 Million This Year In a Medicaid drug rebate pool, states leverage their collectivecovered lives to negotiate for discounts in drug costs. Statesuse Preferred Drug Lists to promote clinically appropriate alternatives thatare the most cost effective in the individual states. Preferred products maybe generics, low cost brands, or higher cost brands where the drugmanufacturers provide a financial incentive to have their products preferred. The incentive is provided through a negotiated rebate from the drugmanufacturers based on actual utilization. The more states in a pool, the higherthe utilization, and, thus, the greater the rebate negotiated. GOVERNORDOUGLAS ANNOUNCES VERMONT TO FORM FIRST-EVER STATE ADMINISTEREDPRESCRIPTION DRUGPURCHASINGPOOL WITH MAINE AND IOWA
Information about Champ Pans and Champ Brackets products is available at the www.champpans.com website, by calling 715 834-7748, and on Facebook. Top 10 drivers in official national standings for IMCA Modifieds, IMCA Sunoco Late Models, IMCA Sunoco Stock Cars, IMCA Sunoco Hobby Stocks, Karl Kustoms Northern SportMods and Smiley’s Racing Products Southern SportMods all receive $50 product certificates. The Eau Claire, Wis., manufacturer is in its eighth year of IMCA sponsorship and added Late Models to its slate of awards last season. Champ Pans certificates will be presented during the national awards banquet in November or mailed beginning the next week from the IMCA home office. Certificates can be applied to purchases from Champ Pans or Champ Brackets, another JR Manufacturing Company. EAU CLAIRE, Wis. (Jan. 16) – Champ Pans continues an awards program rewarding IMCA drivers in six divisions in 2020. “Adding Late Models last year was a great addition to the Champ Pans program and certainly helped solidify the weekly expansion we experienced,” IMCA Marketing Director Kevin Yoder commented. “2020 looks to be even better and we are excited to get the season started.”
In the hall of Culture-Sports Centre of Bugojno and International Handball Tournament ‘Handball is my future’ started with U-17 and U-19 teams from 8 countries participating, reports FENA.Today, matches of U-17 teams will be played, and in next two days, matches of U-19 teams will be played.Tournament will last 3 days and will offer 22 matches, with 10 teams from seven European countries and two teams from Qatar will participate making this competition the largest in Bugujno in the last 20 years.Initiator of the entire tournament is former player and coach of handball club ‘Iskra’ Asim Šahman, who has worked is a successful coach in Qatar.According to Šahman, 20 players from BiH play in Qatari clubs, and some of them play for Qatari National team and added that there is a possibility that several young players from six Balkan teams also start playing for some Qatari club and continue their career in Qatar.Šahman added that Qatar is investing huge amounts of money in sports, and in 2015 it will be the host of World Handball Tournament, and in several years to come World Athletics and Football Championships.