HHS reveals plan to directly negotiate drug prices for Medicare

U.S. Department of Health and Human Services (HHS) unveiled a plan to directly negotiate prices for drugs in Medicare parts B and D. It would allow those prices also being available to private insurance plans and any employers who want to participate. The plan lays out a series of administration actions the department could take to fulfill three principles: Making drugs more affordable, improving competition within the industry, and encouraging innovation. Read the article here for more details.

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