Older Americans on Medicare could be paying less money for some prescription drugs within the next few years.
The Centers for Medicare & Medicaid Services will announce the first batch of ten drugs that will be included in the government’s negotiations with manufacturers for drug prices.
We asked Becerra about the kinds of drugs that will be included in the first round of Medicare price negotiations, but Becerra didn’t give specific names of drugs just yet. We asked Becerra how the federal government determines which drugs will be included in the price negotiations through Medicare. Becerra said after the ten drugs are announced in September, another 15 drugs will be named later on as well for price negotiations.
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