Opportunity Wisconsin: Medicare announces significant price reductions following first negotiations with drug companies

MADISON, Wis. – Earlier today the Biden-Harris administration announced the results of Medicare’s price negotiations with drug companies, which was made possible thanks to the Inflation Reduction Act. The announcement details significant savings for many commonly prescribed medications, with $1.5 billion in expected out-of-pocket savings in the first year of the program alone. Of the 10 ...

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