'MONEY SAVING' PHARMACY BOARD COULD BE SCRAPPED

(08/27/2008)
A four-year effort to cut West Virginia's prescription drug costs has saved a pitiful sum.

The estimate is about $300,000, hardly worth mentioning.

After the pharmaceutical companies lobbied the WV Legislature when they proposed to help Mountain State residents with their high drug bills, a pharmacy board was created with much fanfare.

A new report is advising the Legislature to scrap or rebuild the state's Pharmaceutical Cost Management Council.

The audit raises similar questions about the pharmaceutical advocate, who is part of the governor's office and chairs the council.

Opponents of the money-saving project say it has mostly been smoke and mirrors.