📋 U.S. to Save $6 Billion With New Medicare Drug Prices (AARP Article)

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📋 U.S. to Save $6 Billion With New Medicare Drug Prices (AARP Article)

FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!

Medicare Unveils First Negotiated Prices for 10 of the Costliest Medications.

Millions of older Americans are expected to save on their prescriptions.

By Rachel Nania, AARP. Published August 15, 2024.

Under the new prescription drug law and for the first time in history, Medicare has negotiated lower prices for 10 medications that are among the costliest and most used in its prescription drug program (Part D). Every year going forward, the federal program will select additional drugs to negotiate.

The new prices negotiated by the federal government and drug manufacturers take effect in 2026 and apply to prescription pills and injections taken by older adults for diabetes, blood clots, heart failure, arthritis, kidney disease, cancer and more. About 9 million Medicare enrollees in 2023 used one or more of the 10 drugs selected.

https://www.aarp.org/politics-society/advocacy/info-2024/medicare-drug-price-list.html

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