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AARP said average list prices on 25 drugs collectively cost Medicare nearly $50 billion in 2022. ... the asthma drug Trelegy Ellipta, the HIV medication Biktarvy and the cancer drug Xtandi. ...
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 ...
About 5.3 million people with Medicare prescription drug coverage used these medications from November 2023 through October 2024 at a cost of $41 billion to the government-funded health program ...
The new negotiated prices won’t take effect until 2027. ... Trelegy Ellipta, an asthma treatment. ... The only way to avoid the tax is to pull the drug from the Medicare program entirely, a move ...
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.
"These selected drugs accounted for about $41 billion in total gross covered prescription drug costs under Medicare Part D, or about 14%, during that time period," Biden administration officials ...
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