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

By: oldCADuser in FFT4 | Recommend this post (0)
Thu, 15 Aug 24 4:57 PM | 16 view(s)
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Msg. 12769 of 13968
(This msg. is a reply to 12762 by clo2)

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And I'm on one of those drugs, FARXIGA, which costs me nearly $200/month WITH my Medicare Part 'D' insurance. Without the insurance, it would be over $600/month.




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The above is a reply to the following message:
White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly
By: clo2
in FFT4
Thu, 15 Aug 24 11:45 AM
Msg. 12762 of 13968

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

WASHINGTON (AP) — The Biden administration is taking a victory lap after federal officials inked deals with drug companies to lower the price for 10 of Medicare’s most popular and costliest drugs, but shared few immediate details about the new price older Americans will pay when they fill those prescriptions.

White House officials said Wednesday night they expect U.S. taxpayers to save $6 billion on the new prices, while older Americans could save roughly $1.5 billion on their medications. Those projections, however, were based on dated estimates and the administration shared no details as to how they arrived at the figures.

Nonetheless, the newly negotiated prices — still elusive to the public as of early Thursday morning — will impact the price of drugs used by millions of older Americans to help manage diabetes, blood cancers and prevent heart failure or blood clots.

more:

http://apnews.com/article/biden-drug-prices-medicare-prescriptions-34886d6f362c242be268c05d5efd5411?


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