Healthcare Finance News March 26, 2024
Upwards of 41 drugs available through Medicare Part B could have a lowered Part B coinsurance rate from April 1 to June 30.
Upwards of 41 drugs available through Medicare Part B will have a lowered Part B coinsurance rate from April 1 to June 30 if the drug company raises prices faster than the rate of inflation, according to the Centers for Medicare and Medicaid Services.
The Department of Health and Human Services touted the move as being the result of the Inflation Reduction Act, which passed under the Biden Administration. The IRA established the Medicare Prescription Drug Inflation Rebate Program. Some people with Medicare who use these drugs during that time period may save between $1 and $3,575...
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