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Medicare enrollees can expect to save $1.5 billion in out-of-pocket costs, HHS said. The list price of Merck's diabetes drug Januvia will be slashed to $113 for a 30-day supply from $527 as of 2023.
Medicare’s new power to negotiate drug prices will lead to an estimated $6 billion in savings for the federal government and a $1.5 billion reduction in out-of-pocket costs for seniors when the ...
Older Americans on Medicare will save over $1.5 billion every year in out-of-pocket costs due to the drug price discounts, U.S. Senate Majority Leader Charles Schumer, D-NY, said in a statement.
American Hospital Association v. Becerra, No. 20-1114, 596 U.S. ___ (2022) The Medicare Prescription Drug, Improvement, and Modernization Act, [ 1] also called the Medicare Modernization Act or MMA, is a federal law of the United States, enacted in 2003. [ 2] It produced the largest overhaul of Medicare in the public health program's 38-year ...
The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "stretch scarce federal resources as far as possible ...
The Medicare Improvements for Patients and Providers Act of 2008 (" MIPPA "), is a 2008 statute of United States Federal legislation which amends the Social Security Act . On July 15, 2008, President George W. Bush vetoed the bill. [ 1] On that same day the House of Representatives and the Senate voted to overturn the veto. [ 1][ 2]
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