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In 2023, the list price was $517, and the price will soon drop 62% to $197 in two years. Eliquis Last year, it was prescribed to nearly 4 million Medicare Plan D patients.
The new negotiated prices were compared to the 2023 list prices of the drugs. ... blood costs and more.” Medicare provides health insurance coverage to more than 65 million people in the U.S. ...
The savings from the new list prices for those drugs were expected to generate about $6 billion for taxpayers and $1.5 billion for Medicare enrollees. Negotiated prices for the first 10 drugs don ...
The 15 drugs accounted for $41 billion, or 14%, of total Medicare Part D spending between Nov. 1, 2023, and Oct. 1, 2024.
Medicare announced negotiated prices for 10 prescription drugs, ranging from 38% to 79% discounts on the drug list prices. Price negotiation resulted from a provision of the Inflation Reduction ...
The new prices, effective January 2026, are expected to save $6 billion in prescription drug costs annually and reduce out-of-pocket expenses for Medicare beneficiaries by an estimated $1.5 billion.