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Items tagged with: Medicare
People ages 65 and up will likely see significant out-of-pocket savings on prescription drugs, and #Medicare will also save billions (out of spending of hundreds of billions)
These prices are scheduled to take effect in 2026:
https://theconversation.com/biden-administrations-negotiated-price-cuts-for-10-common-prescription-drugs-likely-to-save-medicare-billions-beginning-in-2026-236978
Biden administration’s negotiated price cuts for 10 common prescription drugs likely to save Medicare billions, beginning in 2026
People ages 65 and up will likely reap significant out-of-pocket savings on prescription drugs when the negotiated prices take effect. But other benefits could pay bigger dividends in the long run.The Conversation
President Joe #Biden is scheduled to appear alongside MVP #KamalaHarris at an event in #Maryland on Thurs at which they are expected to tout billions of dollars in initial savings from an ongoing effort to negotiate w/ #pharmaceutical companies over the prices of #drugs used by Americans on #Medicare.
#Trump plans to hold his second *#news* conference in as many weeks, this one at his golf club in #NewJersey.
#Election2024 #HarrisWalz2024
https://www.washingtonpost.com/politics/2024/08/15/2024-election-campaign-updates-harris-trump/
Election 2024 live updates: Biden to join Harris at Md. event; Trump to hold news conference
Get the latest news from the 2024 campaign trail in the contest between Vice President Kamala Harris and former president Donald Trump.Maegan Vazquez (The Washington Post)
“#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”
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)