Opinion: How the drug price negotiation program could affect Medicare Part D beneficiaries
STAT
SEPTEMBER 8, 2023
The negotiation, informed by confidential data from manufacturers and analysis by the Centers for Medicare and Medicaid Services, will result in a maximum fair price for each drug, which will be announced Sept. 1, 2024, and will take effect Jan. billion in the first year and more than $98 billion by 2031.
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