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Medicare Drug Payment Demonstration May Advance In 2023 Under Executive Order

 
• By Cathy Kelly

Demonstration would ‘build on’ Medicare price controls established by the Inflation Reduction Act, White House says.

Administration Seeking To Do More On Drug Pricing Reform • Source: Shutterstock

The US Department of Health and Human Services may announce initiation of a new Medicare drug payment demonstration by the Center for Medicare and Medicaid Innovation before the end of this year in response to an executive order signed by President Biden on 14 October.

The order characterizes a potential demonstration as a way to expand upon the Medicare price reforms established by the Inflation Reduction Act and further drive down drug costs

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