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The initial top 10 medicines accounted for $50.5 billion, or about 20%, of total Part D prescription costs during the last 12 months and currently have no generic competitors. These negotiations are kicking off a process that aims to make the most costly medications more affordable for older Americans however drug makers aim to derail the negotiations saying this process is a threat to their revenue growth, profits, and drug innovation. #healthinsurance #pharmaceuticals #partd #medicare

Biden administration unveils first 10 drugs subject to Medicare price negotiations

Biden administration unveils first 10 drugs subject to Medicare price negotiations

cnbc.com

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