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After nearly six months of negotiations and several court rulings, Medicare and drugmakers agreed on new prices for 10 popular drugs, potentially saving users $1.5 billion in out-of-pocket costs.
Medicare’s new power to negotiate drug prices will lead to an estimated $6 billion in savings for the federal government and a $1.5 billion reduction in out-of-pocket costs for seniors when the ...
For example, the number of workers per retiree was 5.1 in 1960; this declined to 3.3 in 2007 and is projected to decline to 2.1 by 2040. [25] According to census data for 2011, 16% of the population lived in a household where at least one individual received Social Security and 15% lived in a household where at least one individual received ...
The administration negotiated discounts with pharmaceutical companies on 10 drugs prescribed to treat blood clots, cancer, heart disease and diabetes. The discounts will range from 38% to 79% when ...
The American Society of Health-System Pharmacists (ASHP) reported that 323 "active medication shortages" were reported in January–March 2024. As a result of drug scarcity, many healthcare systems were forced to either ration out essential drugs, triage patients based on the severity of their condition and their need for the drug, or both.
The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024. From October 1, 2023, to March 23, 2024, the federal government operated under continuing resolutions (CR) that extended 2023 budget spending levels as legislators were debating the specific provisions of the 2024 budget.
The White House said that these 10 drugs are among those with highest total spending in Medicare Part D. The ability to allow Medicare to negotiate drug prices was included in the Inflation ...
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.