Medicare Drug Price Control Group Formed At CMS: How Will Stakeholders Interact?

The Centers for Medicare and Medicaid Services has established a Medicare Drug Rebate and Negotiations Group within the Center for Medicare to implement price negotiation and inflation rebate programs for drugs covered under Medicare Parts B and D, the agency announced on 12 October.

As authorized by the Inflation Reduction Act , the new group will negotiate prices with manufacturers for selected older, single-source...