Fact Check Friday: The Truth About Negotiation in Medicare Part D

(By – Allyson Funk, via www.prnewswire.com)

Claims that there are no price negotiations currently taking place in Medicare Part D are false. Large powerful purchasers – who may represent as many as 63 million to 125 million covered lives (more than just Part D patients) – negotiate directly with prescription drug manufacturers to secure discounts and rebates under the program. Read more…

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