Biden-Harris Administration to make first offer for drug price negotiation program, launches new resource hub to help people access lower cost drugs

US Department of Health and Human Services

1 February 2024 - Department of Human and Health Services also releases new research showing that the United States pays three times more for prescription drugs than other developed nations, and nearly ten times more for insulin than other developed nations.

Today, the US Department of Health and Human Services, through the Centers for Medicare & Medicaid Services, is sending initial offers to the participating drug companies of the first 10 prescription drugs selected for negotiation in the first cycle of the Medicare Drug Price Negotiation Program.

Read US Department of Health and Human Services press release

Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Medicare , Pricing