Medicare Price Inflation Rebates, Part D ‘Redesign’ Proposed In Senate Finance Bill

Price inflation rebates are expected to generate $50bn in savings over 10 years, according to the Congressional Budget Office.

United States Capitol Building in Washington DC USA

Prescription drugs covered by Medicare Parts D and B would be subject to mandatory rebates if list prices increase faster than inflation in bipartisan legislation unveiled by Senate Finance Committee chair Chuck Grassley, R-IA, and ranking member Ron Wyden, D-OR, on 23 July.

The price inflation provisions, which have been championed by Wyden, would save Medicare $50bn over 10 years, according to the...

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