CVS prescription pricing change doesn't necessarily mean lower costs
CVS Pharmacy is revamping the way it reimburses its pharmacies for prescription medications. The company says it'll launch CVS CostVantage next year.
Source: wptv.com
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CMS Releases List of 10 Drugs Subject to Price Negotiation Under IRA
The 10 drugs, spanning disease states from diabetes to heart failure to rheumatoid arthritis, cost Medicare enrollees a total of $3.4 billion in out-of-pocket costs in 2022. As required by the Inflation Reduction Act (IRA), negotiations between Part D and pharmaceutical companies will take place this year and next, with the negotiated prices taking effect in 2026.
Source: ajmc.com