Medicare Price Inflation Rebates In Build Back Better Bill Are Prospective Only

The legislation would also establish new manufacturer discounts in Medicare Part D as part of a redesign of the benefit that includes a cap on beneficiary out-of-pocket spending. Negotiations are still fluid on the overall legislative package, however, and things could change.

Sausage Making Is In Full Swing On Capitol Hill • Source: Alamy

Prescription drugs will be subject to price inflation penalties in the form of manufacturer rebates in Medicare for the first time under provisions in the Build Back Better social spending legislation being fast-tracked in Congress by Democrats.

Beginning in 2023, the rebates would apply to branded drugs, generics and biosimilars and are meant to stem the persistent...

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