Biden administration targets diabetes drug, blood thinner, others for Medicare price negotiations

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Biden administration targets diabetes drug, blood thinner, others for Medicare price negotiations
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A popular diabetes treatment and the blood thinner Eliquis are among the first drugs that'll be targeted for price negotiations in an effort to cut Medicare costs.

WASHINGTON — A popular diabetes treatment and the blood thinner Eliquis are among the first drugs that will be targeted for price negotiations in effort to cut Medicare costs.

as he seeks a second term in office by touting his work to lower costs for Americans at a time when the country has struggled with inflation.Advertisement More than 52 million people who either are 65 or older or have certain severe disabilities or illnesses get prescription drug coverage through Medicare’s Part D program, according to the Centers for Medicare and Medicaid Services, or CMS.

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