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ROCKFORD, Ill. (WTVO) — For those with severe allergies, the drug epinephrine can be the difference between life and death. A new Illinois law going into effect January 1st, 2025 will cap the ...
The Centers for Medicare & Medicaid Services confirmed to lawmakers that the drug company that makes EpiPen, has been overcharging the government.
Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
The cost of the drug and device to Mylan as of 2016 was about $35. [31] In the summer of 2016, as parents prepared to send their children back to school and went to pharmacies to get new EpiPens, people began to express outrage at the cost of the EpiPen and Mylan was widely and harshly criticized.
On Wednesday's call, administration officials said the new negotiated prices are projected to save Medicare enrollees $1.5 billion in out-of-pocket costs in the first year.
The Medicare Prescription Drug, Improvement, and Modernization Act, [1] also called the Medicare Modernization Act or MMA, is a federal law of the United States, enacted in 2003. [2] It produced the largest overhaul of Medicare in the public health program's 38-year history.