Medicare Opens Drug Price Negotiation Period
On February 1, drugmakers received initial offers for how much Medicare is willing to pay for their medicines, kicking off drug price negotiations for the first time. Companies have one month to counteroffer.
HHS Announces Medicare Price Negotiation List
On August 29, the Department of Health and Human Services (HHS) announced for the first time ever ten drugs selected for Medicare price negotiation. Read the list and HHS’s future plans here.
Medicare to Release Drug Price Negotiation List, Drug Giants Respond
The Biden administration is preparing to announce the first 10 medicines it will target under a program that allows the government to negotiate drug prices with pharmaceutical giants.