Politico August 29, 2023
While the IRA requires CMS to select the drugs on which Medicare spends the most, experts said calculating annual expenditures is not a cut-and-dried process.
CMS used several requirements to select the initial 10 drugs subject to the first Medicare price negotiations. And there are three exemptions from being included on the list for which drug companies can apply to the CMS.
Chief among the requirements are:
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Topics: Biotechnology, CMS, Congress / White House, Govt Agencies, HHS, Insurance, Medicare, Pharma, Pharma / Biotech