Nov 28, 2018
55 Views

Administration Considering Pulling Medicare Coverage from Some Drugs to Encourage Negotation of Price

Written by


 

In an effort to give insurers leverage for negotiation, Trump is advocating pulling protections guaranteeing Medicare coverage:

 

Pharmaceutical companies that raise the cost of certain drugs risk losing protections that guarantee Medicare coverage, part of a Trump administration proposal to give insurers leverage to negotiate lower prices.

The U.S. Centers for Medicare and Medicaid Services on Monday proposed exceptions to six protected classes of treatments for illnesses including HIV, depression and cancer. If a drug falls into the category, privately covered Medicare plans have to cover it — giving drug manufacturers significant power to charge what they want.

The post Administration Considering Pulling Medicare Coverage from Some Drugs to Encourage Negotation of Price appeared first on Garlo Ward, P.C..



Source link

Article Categories:
Medicare · Medicare Part D

Leave a Comment

Your email address will not be published. Required fields are marked *