HHS announces cost savings for 64 prescription drugs thanks to the Medicare Rebate Program established by the Biden-Harris Administration’s Lower Cost Prescription Drug Law

US Department of Health and Human Services

26 June 2024 - Under President Biden’s Inflation Reduction Act, some people with Medicare will pay less for some Part B drugs if the drug’s price increased faster than the rate of inflation.

The US Department of Health and Human Services, through the Centers for Medicare & Medicaid Services, today announced that some Medicare enrollees will pay less for 64 drugs available through Medicare Part B.

Read US Department of Health and Human Services press release

Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing