Becker's Healthcare March 12, 2024
The White House released its proposed $7.3 trillion budget for fiscal year 2025, which included several healthcare investments.
President Joe Biden’s budget contains proposals affecting healthcare policy such as Medicare expansions, telehealth provisions and resources designed to strengthen the U.S.’ medical supply chain.
Here are six key takeaways for ASC leaders:
1. Medicare and Medicaid. The budget would allow Medicare to negotiate lower costs for prescription drugs, starting with 10 of the most expensive and widely used medications used to treat issues including diabetes and cancers.
It would also limit Medicare Part D cost-sharing for high-price generic drugs, such as those used to treat hypertension, to a $2 per month maximum for most Medicare beneficiaries. Further, the budget also...
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