HHS Announces Cost Savings for 54 Prescription Drugs Thanks …
Sep 30, 2024 · The Biden-Harris Administration announced cost savings for 54 prescription drugs under Medicare Part B due to the Inflation Reduction Act. The law established a rebate program for drugs with price increases above inflation and a …
Medicare announces lower prices on 10 common, high-cost drugs - NBC News
Aug 15, 2024 · The Biden administration said Thursday that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under Medicare.
Negotiating for Lower Drug Prices Works, Saves Billions
Aug 15, 2024 · Medicare negotiated directly with drug companies and saved an estimated $6 billion in 2026 for 10 selected drugs. The new prices range from 38 to 79 percent discounts off of list prices and will benefit millions of people with Medicare prescription drug coverage.
A major development in the fight against prescription drug costs
Aug 29, 2023 · Driving down the cost of prescription drugs has been a priority of every recent president and using Medicare’s considerable power to achieve savings has more specifically been the goal of...
Biden Administration Announces Savings on 43 Prescription Drugs …
Jun 9, 2023 · HHS announces savings on 43 Part B drugs whose prices rose faster than inflation, thanks to President Biden's Inflation Reduction Act. The law also authorizes Medicare to negotiate drug prices and reduces spending growth for Part B drugs.
U.S. Unveils Price Limits for 10 Costly or Common Medications
Aug 15, 2024 · The Biden administration on Thursday unveiled the results of landmark drug price negotiations between Medicare and pharmaceutical companies, allowing President Biden and Vice President Kamala...
Biden Administration Reveals Medicare Price Cuts for 10 Popular Drugs
Aug 15, 2024 · President Joe Biden leaves after speaking about prescription drug costs at the National Institutes of Health in Bethesda, Md., Dec. 14, 2023. The Biden administration on Thursday released the...
FACT SHEET: Biden-Harris Administration Announces New, Lower …
Aug 15, 2024 · Medicare will negotiate lower prices for 10 drugs, including Eliquis, Jardiance, and Enbrel, saving seniors and people with disabilities $1.5 billion in out-of-pocket costs. The Inflation...
What you should know about drug price reform : Shots - Health News : NPR
Aug 6, 2022 · A deal on the table in Congress would help deliver on a long-time promise: to make prescription drugs more affordable. It includes a $2,000 cap on out-of-pocket expenses for Medicare patients.
White House says prescription drug deals will produce billions in ...
Aug 15, 2024 · WASHINGTON (AP) — Taxpayers are expected to save billions after the Biden administration inked deals with pharmaceutical companies to knock down the lists prices for 10 of Medicare’s costliest drugs.