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094505 1 (1972-05-10)

handle is hein.gao/gaobadxmm0001 and id is 1 raw text is: 
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UNITED STATES GENERAL ACCOUNTING OFFICE
        Washington, D.C. 20548


BEST CU 7   AVDOLCBLE


For release on delivery
expected at 10 am. EDT
Wednesday, May 10, 1972


                      STATEMENT OF
ELMER B. STAATS, COMPTROLLER GENERAL OF THE UNITED STATES
                       BEFORE THE
                  MONOPOLY SUBCOMMITTEE
           SELECT COMMITTEE ON SMALL BUSINESS        4ff-
                  UNITED STATES SENATE                A 16

                           on                        4
                                                     A'2-
           [DIRECT AND INDIRECT EXPENDITURES
        BY FEDERAL AGENCIES FOR PRESCRIPTION DR


     We are pleased to be here today to discuss our work re-
lated to procurement and reimbursement for prescription
drugs by the Federal Government and related matters.


     Among the matters we will comment on are:

     --Actions taken to assure that only effective and low
       cost equivalent drugs, when available, are procured
       by the Government or paid for under Government spon-
       sored medical programs.


             --Information sources used by physicians in selecting
               drugs.
        .,    --Use of Government specifications in the procurement
&b -A,1        of drugs.

         b&/,_{A;-Quality assurance and inspection procedures of Fed-
    -= zeral agencies.


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