| Today, the Centers for Medicare & Medicaid Services (CMS) released the Beneficiary Protections and Medicaid Drug Coverage, Particularly Under Value Based Purchasing (VBP) Arrangements CMCS Informational Bulletin. This bulletin reminds states and stakeholders of the existing federal beneficiary protections in statute and regulation that must be followed when providing Medicaid pharmacy benefits, especially when states agree to enter into novel payment arrangements with drug manufacturers such as value-based purchasing arrangements. Learn more here:https://www.medicaid.gov/federal-policy-guidance/downloads/cib07212022.pdf | 