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Biden Administration Unveils Results of First Medicare Drug Price Negotiation

Name: Biden Administration Unveils Results of First Medicare Drug Price Negotiation
Uploaded: 2024-08-15T14:30:00-07:00
Channel: NBC Palm Springs
Description: The Biden administration has revealed the outcomes of its inaugural Medicare drug price negotiation, a historic move expected to reduce out-of-pocket costs for seniors by an estimated $1.5 billion when the lower prices take effect in 2026.

By: NBC Palm Springs

August 15, 2024

Biden administrationMedicare drug price negotiationInflation Reduction Actoutofpocket costssenior savingsfederal government savingsdrug makerslegal challenges

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