Medicare negotiated drug prices for the first time. Here’s what it got

Photo caption: The first price negotiations between Medicare and drugmakers could save billions of dollars a year for taxpayers and beneficiaries. Photo credit: Nam Y. Huh / AP. Article by Sydney Lupkin and Asma Khalid. NPR – August 15, 2024.

The White House unveiled the fruits of months of negotiations between the government and pharmaceutical companies: new, lower Medicare prices for 10 blockbuster drugs. The discounts range from 79% for diabetes drug Januvia to 38% for blood cancer drug Imbruvica. […]

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