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prescription drug price negotiations

Drug Pricing

Medicare Negotiations Are Now the Law, but How to Implement Them?

Medicare Negotiations Are Now the Law, but How to Implement Them?

Oct. 18, 2022 – The Centers for Medicare & Medicaid Services (CMS) is beginning to establish a framework for the Medicare drug pricing negotiations mandated in the recently enacted Inflation Reduction Act (IRA), a process that will be complicated and controversial. “Passage of the Inflation Reduction Act – including provisions to mandate Medicare negotiations on […]

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Legislative

Inflation Reduction Act Includes Drug Price Restrictions, but Is Limited in Scope

Inflation Reduction Act Includes Drug Price Restrictions, but Is Limited in Scope

Aug. 15, 2022 — The Inflation Reduction Act passed last week may represent the best outcome the biopharma industry reasonably could have hoped for at a time when so many in Congress are eager to respond to strong public opinion that prescription prices are too high. The new legislation, which reins in some drug costs […]

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