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More than 51 million people have Medicare drug coverage. Officials estimated the new rule reducing pharmacy costs would save beneficiaries $26.5 billion from 2024 through 2032.
Months into a new Biden administration policy intended to lower drug costs for Medicare patients, independent pharmacists say they’re struggling to afford to keep some prescription drugs in stock.
More than 51 million people have Medicare drug coverage. Officials estimated the new rule reducing pharmacy costs would save beneficiaries $26.5 billion from 2024 through 2032.
A new regulation changes prescription prices for Medicare beneficiaries. Pharmacies say the rule is creating hardships for them and for patients.
Independent pharmacists say one of the president's strategies makes it unaffordable for them to keep some brand-name medicines in stock.