“#Biden administration said Thursday that drug price negotiations will knock hundreds of dollars — in some cases thousands — off the list prices of 10 of #Medicare’s most popular and costliest drugs.

The discounts, agreed to after months of negotiations with drug manufacturers, range between 38% and 79% on the medication’s list price, which is the cost of medication before discounts or rebates are applied — not the price people actually pay for prescriptions”

https://apnews.com/article/biden-drug-prices-medicare-prescriptions-34886d6f362c242be268c05d5efd5411?taid=66bdc7d6cc098600015be4fb&utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Twitter

White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly

Federal officials have reached deals with drug companies to lower the price for 10 of Medicare’s most popular and costliest drugs.

^{AMANDA SEITZ (AP News)}