Tag: <span>price negotiations</span>

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Medicare may save $1.8B from four drugs in first year of price negotiations, research finds

Paul Schloesser Associate Editor A new paper published this week claims that in 2026, when Medicare negotiations for drug prices kick off, the minimum discount stipulated by the Inflation Reduction Act exceeds 2020 rebates for only four of the 10 drugs to be negotiated. On Sept. 1, CMS is expected to announce those 10 drugs...

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Biden proposes extending Medicare price negotiations to more drugs

March 7, 2023 07:21 AM EST FDA+Law Zachary Brennan Senior Editor The White House put out word this morning that as part of its campaign to keep the Medicare program for seniors solvent, its newly formed drug price negotiations should be extended to even more drugs and take effect more quickly. Building on the Inflation...