SEATTLE -- A move by Washington state officials that could result in the loss of prescription drug benefits for about 500,000 adults whose prescriptions are covered by Medicaid has been described as a "perilous situation" by the National Association of Chain Drug Stores.
NACDS is working with its members and other allies to develop and implement strategies to address the situation.
According to the Seattle Times, the cutbacks appear certain unless state lawmakers provide special funding when they reconvene in January. The report notes that the state Medicaid adult drug program will be eliminated in March if the legislature can't come up with $40 million before …

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