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  2. Medicare announces lower prices on 10 common, high-cost drugs

    www.aol.com/news/first-time-medicare-cuts-prices...

    Together, the 10 selected drugs accounted for more than $50 billion of Medicare Part D spending from June 1, 2022, to May 31, 2023, or 20%, according to the CMS.

  3. These are the first 10 drugs subject to Medicare price ... - AOL

    www.aol.com/first-10-drugs-subject-medicare...

    The Biden administration unveiled Tuesday the names of the first 10 drugs subject to price negotiations in Medicare, including several popular blood thinners and diabetes medications.

  4. Biden administration says Medicare negotiated price discounts ...

    www.aol.com/biden-administration-says-medicare...

    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.

  5. Medicare Part D - Wikipedia

    en.wikipedia.org/wiki/Medicare_Part_D

    In 2003, President Bush signed the Medicare Modernization Act, which authorized the creation of the Medicare Part D program. The program was implemented in 2006. The program was implemented in 2006. To keep the plan's cost projections below the $400 billion constraint set by leadership, policymakers devised the infamous “ donut hole .”

  6. Medicare Part D coverage gap - Wikipedia

    en.wikipedia.org/wiki/Medicare_Part_D_coverage_gap

    The Medicare Part D coverage gap (informally known as the Medicare donut hole) was a period of consumer payments for prescription medication costs that lay between the initial coverage limit and the catastrophic coverage threshold when the consumer was a member of a Medicare Part D prescription-drug program administered by the United States federal government.

  7. Medicare Prescription Drug, Improvement, and Modernization Act

    en.wikipedia.org/wiki/Medicare_Prescription_Drug...

    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 history.

  8. Medicare Price Cuts for 10 Common Prescription Drugs ... - AOL

    www.aol.com/lifestyle/medicare-price-cuts-10...

    Medicare announced negotiated prices for 10 prescription drugs, ranging from 38% to 79% discounts on the drug list prices. Price negotiation resulted from a provision of the Inflation Reduction ...

  9. Medicare Improvements for Patients and Providers Act of 2008

    en.wikipedia.org/wiki/Medicare_Improvements_for...

    Medicare Improvements for Patients and Providers Act of 2008; Long title: An Act to amend Titles XVIII and XIX of the Social Security Act to extend expiring provisions under the Medicare Program, to improve beneficiary access to preventive and mental health services, to enhance low-income benefit programs, and to maintain access to care in rural areas, including pharmacy access, and for other ...

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