OAN Staff Abril Elfi
4:08 PM – Friday, January 17, 2025
The Centers for Medicare and Medicaid Services (CMS) have picked 15 additional drugs for Medicare price negotiation.
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Administration officials announced the additional 15 drugs had been chosen in combination with the 10 already negotiated. The CMS had until February 1st to announce the new drugs added, making the announcement two weeks ahead of schedule.
On Friday, the Biden Administration released the names of the drugs selected for Medicare price negotiations, including Ozempic and Wegovy.
“Today, I’m proud to announce that my Administration has selected the next 15 drugs for Medicare drug price negotiation. The drugs treat conditions such as diabetes and cancer, and seniors across the country rely on them,” President Joe Biden said in a statement.
The negotiation process between Medicare and pharmaceutical companies is expected to take place over the coming months and the…
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