Managed Healthcare Executive March 26, 2024
Medicare Part B beneficiaries may save between $1 and $3,575 per average dose for the 41 drugs whose prices have risen higher than inflation.
In the second quarter of 2024, the U.S. Department of Health and Human Services (HHS) predicts that an estimated 763,700 people with Medicare Part B will benefit with lowered coinsurance as a result of the inflation rebates required on prescription drugs because of the Inflation Reduction Act.
Between April 1, 2024, and June 30, 2024, beneficiaries may save between $1 and $3,575 per average dose depending on coverage for the 41 drugs (listed below) subject to rebates through Part B whose prices have risen faster than the rate of inflation.
The Inflation Reduction Act requires drug...