NCPA Issues Statement on Senate Vote to Repeal 1099 Tax Reporting Provision

US Pharm. 2011;3(36):8. 

Alexandria, VA—National Community Pharmacists Association (NCPA) Executive Vice President and CEO Kathleen Jaeger issued a statement on the Senate’s passage of an amendment repealing a provision of the Patient Protection and Affordable Care Act (PPACA) that expanded 1099 tax reporting requirements for businesses purchasing goods and services exceeding $600. “Community pharmacists…have to devote an inordinate amount of their time to administrative tasks,” stated Jaeger. “While the [PPACA] included some bipartisan provisions promoting patient access to pharmacy services, a major flaw is the 1099 tax reporting provision, which further shifts community pharmacists’ responsibilities from the clinical to the clerical….Full compliance with this requirement would prove daunting for independently owned pharmacy small businesses with limited staff and financial resources. Most importantly, our patients would suffer because the pharmacists would have less time to spend with them providing invaluable prescription drug services and counseling.”