Healthcare & Medicare

CMS Announces First 10 Drugs Subject to Price Negotiation

Halo |

2 years ago

Last updated: 17/10/2023 at 06:47 AM


On Tuesday, the Centers for Medicare & Medicaid Services (CMS) announced the first 10 Medicare Part D drugs that will be subject to negotiation under the Inflation Reduction Act (IRA). The medications were chosen based on criteria outlined in the IRA. The law requires CMS to prioritize drugs with the highest Medicare spending and no competition, among other factors. The resulting list includes medications that millions of Medicare beneficiaries rely on to treat conditions such as cancer, diabetes, blood clots, heart failure, autoimmune conditions, and chronic kidney disease. Price ne

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