Biden Administration Secures Historic Victory in Medicare Drug Price Negotiations, Projected to Save Billions

The Kansas City Globe e-Edition
Biden Administration Secures Historic Victory in Medicare Drug Price Negotiations, Projected to Save Billions
Biden Administration Secures Historic Victory in Medicare Drug Price Negotiations, Projected to Save Billions

August 15, 2024—In a move hailed as a significant win for seniors, the Biden administration announced it has successfully negotiated substantial price reductions for 10 of Medicare’s most expensive and widely used prescription drugs.

The result of intense negotiations with pharmaceutical giants, the move is expected to deliver billions in savings for both U.S. taxpayers and millions of older Americ…