[L5] Industry Landscape: The Road Ahead for the Inflation Reduction Act

Pricing: Free for Members and $30 for Non-Members

Course Description

The Inflation Reduction Act (IRA) of 2022 is the most significant and transformative piece of legislation impacting Medicare Part D since the Affordable Care Act. The implications of IRA provisions will impact every stakeholder from beneficiaries to health plans as well as pharmaceutical manufacturers and patients. What actions are health plans taking in response to IRA? How will Medicare drug price negotiations affect the market?

This session will answer these questions and more with a focus on key provisions of IRA and insight into how IRA will potentially change current formulary management strategies, consumer choice, and the marketplace.

Target Audience

Pharmacists who practice in managed care settings.

Learning Objectives

At the completion of this activity, participants should be able to:

  1. Explain the major provisions of the Inflation Reduction Act of 2022, including the timeline for its implementation.
  2. Identify the actions that stakeholders such as pharmacy benefit managers and health plans are taking in response to IRA.
  3. Describe how Medicare beneficiaries and beneficiary choice are impacted by IRA.
  4. Summarize how the Medicare drug price negotiation provision of IRA will impact not only Medicare but the rest of the marketplace.
Course summary
Available credit: 
  • 1.25 ACPE
    ACPE The Academy of Managed Care Pharmacy is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education.
  • 1.25 Certificate of Completion
Course opens: 
11/15/2023
Course expires: 
05/27/2024
Cost:
$30.00

Faculty

Babette S. Edgar, PharmD, MBA, FAMCP
Consultant
BluePeak Advisors

Kelly K. Makay, RPh, MBA
Senior Consultant
BluePeak Advisors

Crescent Moore, PharmD, PhD
Part D Lead
BluePeak Advisors

Moderator

Paul Lakomski, RPh, MBA
Director, Pharmacy Sales & Operations
EmblemHealth

Financial Relationship Disclosures

 

Faculty/Reviewer/Planner​

Reported Relevant Financial Relationships​

Babette S. Edgar, PharmD, MBA, FAMCP​

Faculty​

Disclosed no relevant financial relationships.​

Kelly K. Makay, RPh, MBA​

Faculty​

Disclosed no relevant financial relationships.​

Crescent Moore, PharmD, PhD​

Faculty​

Disclosed no relevant financial relationships.​

YuQian Liu, PharmD​

Reviewer​

Employee: Magellan Rx Management​

Brittany V. Henry, PharmD, MBA ​

Planner​

Disclosed no relevant financial relationships.​

​

  • AMCP Staff have disclosed no relevant financial relationships.
  • If applicable, relevant financial relationships have been mitigated and documented.
  • Content has undergone a peer review to ensure content validity.

ACPE UAN:0233-0000-23-059-H03-P
Activity Type: Knowledge-Based
Contact Hours: 1.25
Release Date: November 15, 2023 •  Expiration Date: December 31, 2024
Activity Fee: Free for Members and $30 for Non-Members

Participants should claim continuing pharmacy education (CPE) credit for this home study activity only if they have not claimed credit for the live activity presented at Nexus 2023. CPE credit will be processed through the AMCP Learn portal and reported directly to CPE Monitor. Please allow 72 hours for processing and posting in your NABP account.

To receive credit for an online activity you must:

  • Review the full content of the activity.
  • Successfully complete the post-test (required to pass with a score of 70% or higher, it may be taken a maximum of three times).
  • Complete a specific activity evaluation.

Available Credit

  • 1.25 ACPE
    ACPE The Academy of Managed Care Pharmacy is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education.
  • 1.25 Certificate of Completion

Price

Cost:
$30.00
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