Biden-Harris Administration moves forward with Medicare drug price negotiations to lower prescription drug costs for people with Medicare

Health & Human Services

3 October 2023 - 10 companies manufacturing some of the costliest prescription drugs to participate in first-ever direct negotiations with Medicare.

Today, the Biden-Harris Administration announced that all 10 drug companies whose drugs were selected for price negotiation with Medicare for the first cycle of the program have decided to participate in those negotiations. These companies manufacture some of the costliest and most commonly used prescription drugs.

Read Health & Human Services press release

Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing