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Even more savings will come with the three diabetes medications listed: Jardiance, Januvia, and Farxiga. According to the White House, 3.7 million Medicare enrollees used these drugs in 2023.
It cost Medicare $3.3 billion for the 12 months ending June 2023, for nearly 800,000 patients. Entresto Novartis' heart failure drug Entresto cost the Medicare agency $2.9 billion to treat almost ...
Medicare announced negotiated prices for 10 prescription drugs, ranging from 38% to 79% discounts on the drug list prices. ... Farxiga (diabetes, heart failure, chronic ... Since patient cost ...
Others are used by millions of patients, which increases Medicare reimbursement costs. Combined, they account for over $50 billion in annual costs. Negotiations will continue as late as Aug. 1.
Medicare recipients spent $3.4 billion out of pocket for those drugs in 2022, with average out-of-pocket spending for the most expensive drugs as high as $6,497 per enrollee, according to the agency.
Dapagliflozin, sold under the brand names Farxiga (US) and Forxiga (EU) among others, is a medication used to treat type 2 diabetes. [ 6 ] [ 7 ] [ 10 ] It is also used to treat adults with heart failure and chronic kidney disease .
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