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GSK to cut US prices for Advair, Valtrex and Lamictal

The price cuts come after several companies have already announced price decreases for insulins earlier this year as they worked to avoid potential penalties under 2021's American Rescue Plan Act if they had kept prices high. Under the law, drug companies are required to rebate the Medicaid program if price increases on medicines outpace inflation - and beginning in January 2024 those rebates could even be larger than the actual net cost of the drug. According to a GSK spokesman, the comp...
United States Jonathan Oatis Rescue Plan Act Michael Erman
Source: yahoo.com

GSK to cut US prices for Advair, Valtrex and Lamictal

The price cuts come after several companies have already announced price decreases for insulins earlier this year as they worked to avoid potential penalties under 2021's American Rescue Plan Act if they had kept prices high. Under the law, drug companies are required to rebate the Medicaid program if price increases on medicines outpace inflation - and beginning in January 2024 those rebates could even be larger than the actual net cost of the drug. According to a GSK spokesman, the comp...
United States Jonathan Oatis Rescue Plan Act Michael Erman
Source: yahoo.com

GSK to cut US prices for Advair, Valtrex and Lamictal

The price cuts come after several companies have already announced price decreases for insulins earlier this year as they worked to avoid potential penalties under 2021's American Rescue Plan Act if they had kept prices high. Under the law, drug companies are required to rebate the Medicaid program if price increases on medicines outpace inflation - and beginning in January 2024 those rebates could even be larger than the actual net cost of the drug. According to a GSK spokesman, the comp...
United States Jonathan Oatis Rescue Plan Act Michael Erman
Source: yahoo.com

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