Health Care FinanceHealth Care RedesignMedicare - GeneralMedicare AdvantagePart D/Prescription Drugs

CMS is taking aim at high insulin prices

The Center for Medicare and Medicaid Services is lining up drug makers and private insurers who manage Medicare drug benefits to volunteer to tests out a new pricing for insulin in 2021.  The program would create a flat monthly copayment rate of $35 for most types of insulin.  If it is successful for insulin, then expand the initiative to other drugs.  Currently, on average, people enrolled in Medicare pay about $675 per year for insulin. Read article here…

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