The power of bulk.

• Position: Stateline; bulk-purchasing arrangements - Brief Article

Five states--Alaska, Michigan, Nevada, New Hampshire and Vermont--have been given approval from Washington, D.C., to pool their purchasing power and seek discounts on prescription drugs for more than 900,000 Medicaid recipients. They hope to save more than $12 million this year. Drug companies fear that such agreements could lead to government-selected lists of drugs and a one-size-fits-all approach to medicine, with government making...