Medicare Sends Initial Price Negotiation Bids to Drugmakers
Manufacturers of 10 drugs have 30 days to accept or make a counter-offer
Source: medpagetoday.com
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Manufacturers of 10 drugs have 30 days to accept or make a counter-offer
President Joe Biden signed the Inflation Reduction Act (IRA) of 2022 into law on Aug. 16, 2022. While the jury is still out if the IRA will help inflation, the
2024 will bring some positive changes and expanded Medicare benefits.
There's quite a few things to be happy about here.
Medicare can now negotiate lower prices for 10 common high-price drugs, cutting out-of-pocket costs for an estimated 9 million seniors and saving taxpayers billions, the Biden administration said …