President Joe Biden’s administration is set to announce the first prescription drugs being targeted by the U.S. government for price negotiations as part of an effort to lower Medicare costs.
More than 52 million people who are either 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.
Currently, pharmacy benefit managers that run Medicare prescription plans negotiate rebates off a drug’s price. Those rebates sometimes help reduce premiums customers pay for coverage. But they may not change what a patient spends at the pharmacy counter. PhRMA representatives also have said pharmacy benefit managers can still restrict access to drugs with negotiated prices by moving the drugs to a tier of their formulary — a list of covered drugs — that would require higher out-of-pocket payments. Pharmacy benefit managers also could require patients to try other drugs first or seek approval before a prescription can be covered.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
President Joe Biden, first lady visit public middle school in Washington, DC, to welcome students backSchool is kicking off for Eliot-Hine Middle School in Washington D.C., on Aug. 28, 2023. The president and his wife are visiting the school to welcome students back.
Baca lebih lajut »
McCarthy says House impeachment inquiry of President Biden a 'natural step forward'Speaker Kevin McCarthy suggested that an impeachment inquiry of President Joe Biden is becoming more likely.
Baca lebih lajut »
Biden Administration to Reveal Which Pharma Blockbusters Medicare Will Pay Less ForDrugmakers like Eli Lilly and Pfizer could see profits fall if their blockbuster medicines are on the list.
Baca lebih lajut »
Viktor Shokin: Joe and Hunter Biden Were Being BribedOn Saturday's broadcast of FNC's 'One Nation,' former Ukrainian Prosecutor General Viktor Shokin said he believed that both President Joe Biden and his son Hunter Biden were bribed. | Clips
Baca lebih lajut »
Biden campaign co-chair pivots to gun control when pressed on president’s agePresident Biden’s 2024 campaign co-chair Cedric Richmond pivoted to talk about gun control when asked Sunday about the 80-year-old president’s age presenting challenges at the ballot box.
Baca lebih lajut »