Healthcare DIVE March 9, 2023
Released Thursday, the budget also proposes to extend Medicare solvency and give the federal government more power to negotiate prescription drug prices.
President Biden’s proposed fiscal year 2024 budget for the HHS targets healthcare access for underserved populations and aims to make premium Affordable Care Act subsidies permanent.
Released Thursday, the budget also proposes to extend Medicare solvency and give the federal government more power to negotiate prescription drug prices. It allocates $144.3 billion in discretionary funding to the agency, up from $127.3 billion in 2023, and aims to reduce the federal deficit by nearly $3 trillion over the next decade.
The HHS proposes to allocate $183 billion over the next 10 years to make enhanced tax credits, enacted...