Medicare Monday: Same bad ideas continue to threaten Part D and beneficiary access to medicines

Perhaps the biggest fact that is often overlooked about Part D is that there is already significant price negotiation in the program. Thanks to Part D ’s competitive structure, large purchasers oftennegotiate steep discounts and rebates with prescription drug manufacturers. This robust competition and negotiation consistently keeps costs low for beneficiaries and taxpayers. TheMedicare Trustees report negotiated rebates have increased every year of the program and premiums have remained stable since 2011. In fact, average monthlypremiums are expected to decrease in 2018.
Source: The Catalyst - Category: Pharmaceuticals Tags: Part D Medicare Medicare Monday Source Type: news